NOTE: Stipulations of Fact and Consent to Penalty (SFC); 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 & to the entry of findings. Additionally, for AWCs, if FINRA has reason to believe a violation has occurred and the member or associated person does not dispute the violation, FINRA may prepare and request that the member or associated person execute a letter accepting a finding of violation, consenting to the imposition of sanctions, and agreeing to waive such member's or associated person's right to a hearing before a hearing panel, and any right of appeal to the National Adjudicatory Council, the SEC, and the courts, or to otherwise challenge the validity of the letter, if the letter is accepted. The letter shall describe the act or practice engaged in or omitted, the rule, regulation, or statutory provision violated, and the sanction or sanctions to be imposed.

Joseph Stephen Orendorff
2009016698303

Orendorff failed to respond to FINRA requests to appear for an on-the-record interview.

Further, Orendorff, in an attempt to correct errors made on a customer’s signed asset transfer disclosure form that his firm had returned to him for correction and resubmission obtained the customer’s signature on a blank asset transfer disclosure form, affixed the customer’s signature from the blank form to revised forms and submitted the forms to his member firm instead of having the customer sign a corrected form. When the firm questioned Orendorff about the documents, he admitted to altering and submitting them. Thereafter, the firm terminated Orendorff’s employment because the firm prohibited its representatives from affixing signatures to documents and required original signatures on each form.

Joseph Stephen Orendorff : Barred

Tags: Forgery  Signature