FINRA Is Open

2019061945201 Scotia Capital (USA) Inc. CRD No. 2739 AWC gg (2022-1668212412998).pdf

FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER, AND CONSENT NO. 2019061945201 TO: Department of Enforcement Financial Industry Regulatory Authority (FINRA) RE: Scotia Capital (USA) Inc. (Respondent) Member Firm CRD No. 2739 Pursuant to FINRA Rule 9216, Respondent Scotia Capital (USA) Inc. (SCUSA) submits this Letter of Acceptance, Waiver, and Consent (AWC) for the purpose of proposing a settlement of the alleged rule violations described below.

Regulatory Notice 22-22

Summary

FINRA’s Renewal Program supports the collection and disbursement of fees related to the renewal of broker-dealer (BD) and investment adviser (IA) registrations, exempt reporting and notice filings with participating self-regulatory organizations (SRO) and jurisdictions. FINRA communicates information about renewal fees BD and IA firms owe via a Preliminary Statement in November and publishes a Final Statement in January to confirm or reconcile the actual renewal fees BD and IA firms owe after Jan. 1, 2023.

2020067734201 Yoon Sik Chung CRD 5978168 Complaint lp (2022-1668126013132).pdf

FINANCIAL INDUSTRY REGULATORY AUTHORITY OFFICE OF HEARING OFFICERS Department of Enforcement, Complainant, v. Yoon Sik Chung CRD No. 5978168, Respondent. Disciplinary Proceeding No. 2020067734201 COMPLAINT The Department of Enforcement alleges: SUMMARY 1. During the period July 10, 2020 through October 9, 2020, Yoon Sik Chung (Chung), while associated with NYLife Securities LLC (NYLife), accepted more than $14,000 thousand dollars from two individuals, Person H and Person R, whom he met online but never met in person or spoke to over the phone.
Subscribe to