Proceeding Number 2009018818101

Hearing Panel Decision in Department of Enforcement v. Anthony G. Manaia

June 28, 2013

For making negligent misrepresentations and omissions of material fact, thereby engaging in conduct inconsistent with high standards of commercial honor and just and equitable principles of trade, in violation of NASD Rule 2110 and FINRA Rule 2010, the Hearing Panel suspends Respondent Anthony G. Manaia from associating with any FINRA member firm for 30 business days, fines him $54,472, and assesses costs.

 

Respondent did not fraudulently or recklessly make misrepresentations or omissions of material fact. The Hearing Panel therefore dismisses the cause of action alleging that he violated Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5, and NASD Rules 2120 and 2110.

View Decision (PDF 149 KB)