Statutory Disqualification Index
SEC and FINRA
CASES OF NOTE
SD04005
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.
In the Matter of the Continued Association of X as a General Securities Representative with The Sponsoring Firm
MC-400: January 22, 2003
Redacted SD Decision
No. 04005
DENIED by Hearing Panel of the NASD's Statutory Disqualification Committee/ National Adjudicatory Council
X subsequently appealed this decision to the SEC, and then withdrew the appeal. Accordingly, the NAC decision is the final decision in this matter.
November 2003, a subcommittee ("Hearing Panel") of NASD's Statutory Disqualification Committee held a hearing
Filed Under: Felony, DUI, Recency, Treatment/Rehabilitation, Age of Applicant, Denial
Sections
Enforcement Actions