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 J. Munnelly (Principal)
AWC/2009018407701

Munnelly served as an outside business’ Chief Operating Officer without disclosing his outside business activity to his member firm. The outside business was outside the scope of his relationship with his firm, and Munnelly failed to file a reporting form or otherwise disclose to his firm in writing that he was working for the outside business. Munnelly failed to respond to FINRA requests for information.

Thomas J. Munnelly (Principal): Barred