Proceeding Number 2011025899601

Hearing Panel Decision in Department of Enforcement v. David Harari and Sian Harari

March 28, 2014

Respondent David Harari is barred from associating with any FINRA member firm in any capacity for providing false information and documentation to FINRA and a FINRA member firm, in violation of FINRA Rules 8210 and 2010. He also is barred for obtaining customer funds by false pretenses and converting them, in violation of FINRA Rule 2010 and NASD Rule 2110. In light of the imposition of these bars, the Panel imposes no sanction for David Harari’s failure to disclose tax liens on his Form U4, in violation of NASD IM-1000-1, NASD Rule 2110, and FINRA Rules 1122 and 2010.

 

Respondent Sian Harari is suspended from associating with any FINRA member firm for eighteen months for participating in the creation of false documentation supplied to FINRA and a FINRA member firm, in violation of FINRA Rule 2010.

 

This decision has been appealed or called for review. While the appeal or call for review is pending, the findings and sanctions imposed in this decision are subject to review and modification by FINRA or the SEC.

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