24-00547.pdf
Award
2021070230801 TD Ameritrade Clearing, Inc. CRD 5633 and TD Ameritrade, Inc. CRD 7870 AWC lp (2025-1761524413972).pdf
From about January 2007 to May 2024, TD Ameritrade Clearing and TD Ameritrade failed to report or timely report millions of transactions to the FINRA/Nasdaq Trade Reporting Facility (FNTRF), the Over-the-Counter Reporting Facility (ORF) and
predecessor reporting facilities. Thus, TD Ameritrade Clearing and TD Ameritrade violated FINRA Rules 6380A, 6622, and 2010 and predecessor NASD Rules. Additionally, from July 2020 to November 2022, TD Ameritrade failed to report
positions to the LOPR in violation of FINRA Rules 2360(b)(5) and 2010.
Andrew McElduff
Andrew McElduff is a Vice President in Member Supervision, and the Head of FINRA’s Membership Application Program (MAP) and the Deputy Head of FINRA’s Risk Monitoring Program.
FINRA's MAP Group serves as the entry point to the securities industry by ensuring that prospective and current members meet FINRA’s Standards for Admission. MAP evaluates the planned business activities—including financial, operational, supervisory, and compliance systems—for prospective member firms and material business changes for current member firms.
24-02502.pdf
Award
25-00315.pdf
Expungement Award
2020066757804 Brian J. Pavelko CRD 6347352 Complaint ks (2025-1761437998585).pdf
The Department of Enforcement alleges: 1. Between November 2023 and August 2024, while registered with FINRA through an association with NI Advisors (CRD No. 134502), Respondent Brian J. Pavelko (CRD No. 6347352) failed to comply with requests, which FINRA issued pursuant to FINRA Rule 8210, for documents and information related to his receipt of Pandemic Unemployment Assistance (“PUA”) from the New Jersey Department of Labor, Division of Unemployment Insurance (“NJDUI”). 2.