Proceeding Number 20090207019-01

Hearing Panel Decision in Department of Enforcement v. Respondent.

November 8, 2013

The Department of Enforcement failed to prove by a preponderance of the evidence that Respondent engaged in unethical conduct. Accordingly, the Hearing Panel dismisses the cause of action charging him with alleged ethical violations of FINRA Rule 2010.

 

Respondent is censured for failing to provide timely responses to requests for information, in violation of NASD Rules 8210 and 2110, and FINRA Rules 8210 and 2010, and for failing to establish and maintain written supervisory procedures and a supervisory system reasonably designed to achieve compliance with Rule 8210, in violation of NASD Rules 3010, 2110, and FINRA Rule 2010.

View Decision (PDF 339 KB)