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FINRA Disciplinary Actions Online

Displaying 1 - 15 of 15
Case ID Case Summary Document Type Firms/ Individuals Action Date Sort ascending
2013035865303 BEFORE THE NATIONAL ADJUDICATORY COUNCIL FINANCIAL INDUSTRY REGULATORY AUTHORITY In the Matter of Department of Enforcement, Complainant, vs. Spencer Edwards, Inc. Centennial, CO, Respondent. DECISION Complaint No. 2013035865303 Dated: December 10, 2019 Spencer Edwards: (1) sold unregistered and nonexempt microcap securities; (2) failed to establish and maintain a supervisory system, including written supervisory procedures, that was reasonably designed to prevent the sale of NAC Decisions
Spencer Edwards, Inc.
12/10/2019
2016051209102 FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER AND CONSENT NO. 2016051209102 TO: Department of Enforcement Financial Industry Regulatory Authority ("FINRA") RE: Spencer Edwards, Inc. ("SEI"), Respondent CRD No. 22067 Pursuant to FINRA Rule 9216 of FINRA's Code of Procedure, SEI submits this Letter of Acceptance, Waiver and Consent ("AWC") for the purpose of proposing a settlement of the alleged rule violations AWCs (Letters of Acceptance, Waiver, and Consent)
Spencer Edwards, Inc. ("SEI")
06/11/2019
2014041862701 FINANCIAL INDUSTRY REGULATORY AUTHORITY OFFICE OF HEARING OFFICERS DEPARTMENT OF ENFORCEMENT, Complainant, v. SPENCER EDWARDS, INC. (CRD No. 22067), Respondent. Disciplinary Proceeding No. 2014041862701 Hearing Officer-CC EXTENDED HEARING PANEL DECISION November 14, 2018 Member firm Respondent recommended and sold convertible two-year notes in a private placement to 13 customers without having a reasonable basis to believe that the investements OHO Decisions
Spencer Edwards, Inc.
11/14/2018
2014041862701 FINANCIAL INDUSTRY REGULATORY AUTHORITY OFFICE OF HEARING OFFICERS Department of Enforcement, Complainant, v. Spencer Edwards, Inc., CRD No. 22067, Respondent. Disciplinary Proceeding No. 2014041862701 Hearing Officer ____ COMPLAINT The Department of Enforcement ("Enforcement") alleges: SUMMARY 1. Spencer Edwards, Inc. ("Spencer Edwards" or the "Firm") sold over $400,000 of convertible notes (the "notes") of a non-public company Complaints
Spencer Edwards, Inc.
12/04/2017
2013035865303 FINANCIAL INDUSTRY REGULATORY AUTHORITY OFFICE OF HEARING OFFICERS DEPARTMENT OF ENFORCEMENT, Complainant, v. SPENCER EDWARDS, INC. (CRD No. 22067), Respondent. Disciplinary Proceeding No. 2013035865303 Hearing Officer-DW EXTENDED HEARING PANEL DECISION March 21, 2017 Respondent facilitated unregistered and nonexempt customer sales of billions of shares of securities in violation of Section 5 of the Securities Act of 1933 and inconsistent with just and equitable principles of trade. It also failed to OHO Decisions
Spencer Edwards, Inc.
03/21/2017
2013035865303 FINANCIAL INDUSTRY REGULATORY AUTHORITY OFFICE OF HEARING OFFICERS DEPARTMENT OF ENFORCEMENT, Complainant, v. SPENCER EDWARDS, INC. (CRD No. 22067), and GORDON DIHLE (CRD No. 1851834), Respondents. DISCIPLINARY PROCEEDING No. 2013035865303 COMPLAINT The Department of Enforcement alleges: SUMMARY 1. Between January 2011 and December 2012 (the "relevant period"), Spencer Edwards, Inc. ("SEI"), acting through two registered representatives, liquidated approximately 4 billion shares of six penny Complaints
SPENCER EDWARDS, INC.
GORDON DIHLE
11/02/2015
2013035256401 FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER AND CONSENT NO. 2013035256401 TO: Department of Enforcement Financial Industry Regulatory Authority (''FINRA") RE: Spencer Trask Ventures, Inc., Respondent Member Firm BD No. 28373 Pursuant to FINRA Rule 9216 of FINRA's Code of Procedure, Respondent Spencer Trask Ventures, Inc. ("Spencer Trask" or the "Firm") submits this Letter of Acceptance, Waiver and Consent ("AWC") for the purpose of proposing AWCs (Letters of Acceptance, Waiver, and Consent)
SPENCER TRASK VENTURES, INC.
12/10/2014
2012031507001 FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER AND CONSENT NO. 20120315070-01 TO: Department of Market Regulation Financial Industry Regulatory Authority ("FINRA") RE: Spencer Edwards, Inc., Respondent Broker-Dealer CRD No. 22067 Pursuant to FINRA Rule 9216 of FINRA's Code of Procedure, Spencer Edwards, Inc. (the "firm") 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 AWCs (Letters of Acceptance, Waiver, and Consent)
SPENCER EDWARDS, INC.
04/05/2013
2007007116901 FINANCIAL INDUSTRY REGULATORY AUTHORITY (FINRA) LETTER OF ACCEPTANCE, WAIVER AND CONSENT NO. 20070071169-01 To: Department of Enforcement FINRA Re: A.G. Edwards & Sons, Inc. (CRD No. 4) Pursuant to NASD Rule 9216 of the FINRA Code of Procedure, A.G. Edwards & Sons, Inc. (A.G. Edwards) 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 that, if accepted, FINRA will not AWCs (Letters of Acceptance, Waiver, and Consent)
A.G. EDWARDS & SONS, INC.
07/16/2008
2007011877401 FINANCIAL INDUSTRY REGULATORY LETTER OF ACCEPTANCE, WAIVER AND CONSENT NO. 2007011877401 TO: Department of Enforcement Financial Industry Regulatory Authority ("FINRA") RE: A.G. Edwards & Sons, Inc., Respondent Former Member Firm (CRD No: 4) Pursuant to Rule 9216 of the FINRA Code of Procedure, Respondent A.G. Edwards & Sons, Inc. ("Edwards" or "Respondent" or the "Firm") submits this Letter of Acceptance, Waiver and Consent ("AWC") for the purpose of settlement of the alleged rule violations described AWCs (Letters of Acceptance, Waiver, and Consent)
A.G. EDWARDS & SONS, INC.
07/14/2008
2005000474001 FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER AND CONSENT NO. 20050004740-01 TO: Department of Market Regulation Financial Industry Regulatory Authority ("FINRA") RE: A.G. Edwards & Sons, Inc., Respondent Broker-DeaIer CRD No. 4 Pursuant to NASD Rule 9216 of the FINRA Code of Procedure, A.G. Edwards & Sons, Inc. (the ("firm") submits this Letter of Acceptance, Waiver and Consent (''AWC'') for the purpose of proposing a settlement of the AWCs (Letters of Acceptance, Waiver, and Consent)
A.G. EDWARDS & SONS, INC.
03/04/2008
2005001027001 NASD LETTER OF ACCEPTANCE, WAIVER AND CONSENT 20050010270-01 TO: Department of Market Regulation NASD RE: A.G. Edwards & Sons, Inc., Respondent Broker Dealer CRD No. 4 Pursuant to Rule 9216 of NASD Code of Procedure, A.G. Edwards & Sons, Inc. ("AGED" or "the firm") submits this Letter of Acceptance, Waiver and Consent ("AWC") for the purpose of proposing a settlement of the alleged rule violations described in Part II below. This AWC is submitted on the condition that, if accepted, NASD will not AWCs (Letters of Acceptance, Waiver, and Consent)
A.G. EDWARDS & SONS, INC.
04/10/2007
EAF0400790002 NASD LETTER OF ACCEPTANCE, WAIVER AND CONSENT NO. EAF0400790002 TO: Department of Enforcement NASD RE: A.G. Edwards & Sons, Inc. One North Jefferson St. Louis, Missouri 63103 BD No. 4 Pursuant to Rule 9216 of NASD's Code of Procedure, Respondent A.G. Edwards & Sons, Inc. ("Edwards" or "the firm") submits this Letter of Acceptance, Waiver and Consent ("AWC") for the purpose of proposing a settlement of the alleged rule violations described in Part II below. This AWC is submitted on the condition that, if AWCs (Letters of Acceptance, Waiver, and Consent)
A.G. EDWARDS & SONS, INC.
09/25/2006
2005000163102 NASD LETTER OF ACCEPTANCE, WAIVER AND CONSENT 2005000163102 TO: Department of Market Regulation NASD RE: A.G. Edwards & Sons, Inc., Respondent Broker Dealer CRD No. 4 Pursuant to Rule 9216 of NASD Code of Procedure, A.G. Edwards & Sons, Inc. (''AGED" or "the firm") submits this Letter of Acceptance, Waiver and Consent ("AWC") for the purpose of proposing a settlement of the alleged rule violations described in Part II below. This AWC is submitted on the condition that, if accepted, NASD will not bring any AWCs (Letters of Acceptance, Waiver, and Consent)
A.G. EDWARDS & SONS, INC.
07/25/2006
2004200013901 NASD LETTER OF ACCEPTANCE, WAIVER AND CONSENT NO. 20042000139-01 TO: Department of Market Regulation NASD RE: Spencer Edwards, Inc., Respondent Broker-Dealer CRD No. 22067 Pursuant to Rule 9216 of NASD Code of Procedure, Spencer Edwards, Inc. ("SPIN") submits this Letter of Acceptance, Waiver and Consent ("AWC") for the purpose of proposing a settlement of the alleged rule violations described in Part II below. This AWC is submitted on the condition that, if accepted, NASD will not bring any future actions AWCs (Letters of Acceptance, Waiver, and Consent)
SPENCER EDWARDS, INC.
01/25/2006