2018060587101 David Allen Walters CRD 1436760 AWC va (2020-1606436406768).pdf
FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER AND CONSENT NO. 2018060587101 TO: Department of Enforcement Financial Industry Regulatory Authority (FINRA) RE: David Allen Walters (Respondent) Former General Securities Representative, Former General Securities Principal, Former Investment Banking Representative, Former Investment Banking Principal, Former Introducing Broker-Dealer Financial and Operations Principal, and Former Operations Professional CRD No.
2018059872901 Douglas William Stopkey CRD 2209717 AWC sl (2020-1606436408005).pdf
FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER, AND CONSENT
NO. 2018059872901
TO: Department of Enforcement
Financial Industry Regulatory Authority (FINRA)
RE: Douglas William Stopkey (Respondent)
General Securities Representative CRD No. 2209717
Pursuant to FINRA Rule 9216, Respondent Douglas William Stopkey submits this Letter of Acceptance, Waiver, and Consent (AWC) for the purpose of proposing a settlement of the alleged rule violations described below. This AWC is submitted on the condition
Regulatory Notice 20-38
Summary
FINRA adopted a new rule to limit any associated person of a member firm who is registered with FINRA (each a “registered person”) from being named a beneficiary, executor or trustee, or to have a power of attorney or similar position of trust for or on behalf of a customer.1 New FINRA Rule 3241 (Registered Person Being Named a Customer’s Beneficiary or Holding a Position of Trust for a Customer) protects investors by requiring all member firms to affirmatively address registered persons being named beneficiaries or holding positions of trusts for customers.