Between November 2022 and April 2023, while registered with FINRA through Allen, Mooney & Barnes Brokerage Services, LLC (CRD No. 142619) (AMBBS), Respondent Andrew Buckanavage converted $177,962.80 when he charged personal, non-business expenses to his corporate credit card without his employer’s authorization and had his employer pay for those unauthorized personal expenses by submitting false expense reports that identified those charges as business expenses or by failing to notify his employer that the charges were for personal expenses.

From January 2020 to the present, Madison Avenue distributed or made available to customers consolidated reports containing inaccurate information, or omitting material information, about whether certain assets were held away from the firm, in violation of FINRA Rules 2210(d)(1) and 2010. The firm additionally failed to maintain records of which consolidated reports were distributed or made available to customers, in violation of FINRA Rule 4511, Section 17(a) of the Securities Exchange Act of 1934, Exchange Act Rule 17a–4(b)(4), and FINRA Rule 2010.