Proceeding Number 2010025132201

Hearing Panel Decision in Department of Enforcement v. Amy Siesennop

October 22, 2012

Respondent Amy Siesennop guaranteed a customer against loss, in violation of FINRA Rules 2150 and 2010; settled with a customer in exchange for an agreement not to complain to FINRA, in violation of FINRA Rule 2010; failed to properly report receipt of a complaint and settlement, in violation of FINRA Rules 3070 and 2010; provided a false and misleading document to FINRA during an examination of her firm, in violation of NASD Rule 2110; caused her firm's books and records to be inaccurate, in violation of NASD Rules 3110 and 2110, and FINRA Rule 2010; and produced misleading and inaccurate documents to FINRA in response to a request for information and documents, in violation of FINRA Rules 8210 and 2010.

 

For these violations, the Hearing Panel suspends Respondent for 16 months in all principal capacities, fines her $11,000, and requires her to requalify as principal before acting again in that capacity.

View Decision (PDF 148 KB)