Proceeding Number 2007011937001

Hearing Panel Decision in Department of Enforcement v. Howard Braff

May 19, 2010

Respondent is fined $15,000 and suspended in all capacities for one year for: (i) failing to notify his employer firms, in writing, that he had securities accounts at two other firms and failing to notify those firms that he was associated with a FINRA member, in violation of NASD Conduct Rules 3050(c) and 2110; and (ii) falsely representing to two employer firms that he did not have any outside brokerage accounts, in violation of Rule 2110. Respondent is also ordered to pay costs.

 

This decision has been appealed.

View Decision (PDF 70 KB)