NOTE: Offers of Settlement (OS) and Letters of Acceptance, Waiver, and Consent (AWC) are entered into by Respondents without admitting or denying the allegations, but consent is given to the described sanctions and to the entry of findings.

STATUTORY DISQUALIFICATION INDEX

By Bill Singer

VISIT WALL STREET'S LEADING ONLINE COMMUNITY
BrokeAndBroker.com

Links to SEC and FINRA Statutory Disqualification Cases

 

 SEC Appeal of Reuben D. Peters and Peters Securities, Co. LP (NASD)

SEC Appeal of Morton Kantrowitz (NASD)

SEC Appeal of Harry M. Richardson (NASD)

visit the statutory disqualification index for definitions

Also see the U4/U5/RE-3 Cases for Discussions of Disqualifying Disclosures

Underlying Disqualification

Felony 02001, 02002, 02003, 02004, 02009, 02010, 04005, 03001, 03002, 03007, 04017, 05008, 06002, 06012, 07001, 07002, 07003, 08001,08007
DUI 02002, 02009, 02010, 03002, 04005, 06012.07003,08007
Controlled Substance 02001, 02003, 06002,07001
Tax Issues 02004, 03001, 05008, 07002
Forgery 06002
Theft 08001
Misdemeanor 0200806002, 05010,06001,07001,08007

Insider Trading

01001,
Permanent Injunction 01001, 02007, 03004, 03006, 05010
Willfulness 05008, 06001, 07002, 07003, 08002, 08003, 09-34-60133
Bankruptcy 08002
Cherry Picking 08004

Factors Considered

Recency (arrest, conviction, injunction, etc.) 01001, 02001, 02002, 02008, 02009, 03006, 03007, 04005, 05008, 06012, 07001, 08003, 08004,08007
Treatment/Rehabilitation 02001, 02002, 02009, 04005, 06012, 07001. 07003,08007
Age of Applicant 01001, 04005, 08001
Sponsor's Regulatory History 01001 03001, 03006, 05010, 06001, 07001, 07002. 07003, 08002,08007
Taping Rule 02002,
Remote State  02002, 02004. 08004
Was there a "conviction" 04017, 08002
Prior misconduct 06002; 06012, 05010, 07001, 07002, 08001, 08002, 08003,08007
Adequacy of plan of supervision/Proposed Supervisor 06001, 06002, 06012, 07001,07002, 07003, 08001, 08003, 08004,08007
Van Dusen (adverse subsequent events) 07002, 08002
Non-Registered (Associated-only) Affiliation 09-34-60133

Final Decision

Denial  01001, 02001, 02002, 03006, 03007, 04005, 06002. 06012, 05008, 05010,07002, 08003, 08004,08007
Approval after hearing 02009, 03001, 0401703004, 07002, 07003
Approval w/o hearing 02003, 02004, 02007, 02008, 02010, 03002, 06001, 07001, 08001, 08002
SEC appeal/remand 05008, 05010, 07002