FINANCIAL INDUSTRY REGULATORY AUTHORITY (FINRA) OFFICE OF HEARING OFFICERS DEPARTMENT OF ENFORCEMENT, COMPLAINANT, v. PHILLIP W. YOUNG (CRD NO. 1747216), RESPONDENT. DISCIPLINARY PROCEEDING NO. 20060074277-01 COMPLAINT The Department of Enforcement alleges: SUMMARY 1. While associated with Great American Advisors, Inc. (GAA), Respondent Phillip W. Young borrowed money from three GAA customers on at least three occasions. The amounts borrowed exceeded $200,000. GAA did not have written procedures allowing its