Proceeding Number 2007010398802

Hearing Panel Decision in Department of Enforcement v. Alexander H. McKinnis

October 13, 2011

Respondent violated NASD Conduct Rules 3110 and 2110 by entering his office e-mail address in customer records as the customers' e-mail addresses, thereby causing e-mail intended for customers to be sent only to him.  He also violated NASD Conduct Rules 3110 and 2110 by altering documents and submitting the altered documents to his firm.  For these violations, the Hearing Panel imposes a suspension of 30 days and a fine of $25,000.  Respondent is given credit for serving a 30-day suspension imposed by his firm, and is not required to serve the suspension imposed by the Hearing Panel.  Respondent is fined $25,000, and ordered to pay costs.

View Decision (PDF 60 KB)