Enforcement Actions
Financial Industry Regulatory Authority (FINRA)
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.
Thomas Jeffery Gregory
Gregory allowed an internal wholesaler at a firm to improperly assist him in completing a state-required long-term care continuing education (CE) examination. Gregory called an internal wholesaler and asked her if she could provide him with answers to questions on the long-term care CE examination for a state. The wholesaler provided him with answers to the examination over the phone while he was completing the examination online.
Thomas Jeffery Gregory : Fiend $5,000; Suspended 1 month
Tags: Testing  
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