Enforcement Actions
Financial Industry Regulatory Authority (FINRA)
CASES OF NOTE
2010
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.
May 2010
Natasha Michelle Kuykendall
AWC/2008013065301/May 2010
Associated Person Kuykendall signed or photocopied customer signatures onto account documents and submitted the documents to her member firm for processing without the customersí authorization, knowledge or consent. Kuykendall copied a customerís signature onto a form and then notarized the document herself. Kuykendallís conduct caused the firmís books and records to be inaccurate.
Natasha Michelle Kuykendall: Fined $5,000; Suspended 3 months
Tags:  Notary         |    In: Cases of Note : FINRA
Bill Singer's Comment
Some folks think that these Notary cases are rarities.  Well, think again!  Look at this article that I wrote in 2006 just about notary shenanigans on Wall Street, and, here we are, years later, and it's still a problem: http://registeredrep.com/mag/finance_signed_sealed_suspended/
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