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.

Leonard William Dendunnen
AWC/2009018793601

Dendunnen willfully failed to disclose a material fact on his Form U4. Dendunnen attended his member firm’s annual compliance meeting and indicated on an internal Registered Representative Disclosure form that his Form U4 was accurate. Six-to-eight weeks after the compliance meeting, Dendunnen informed the firm of the material fact he failed to disclose. Finally, Dendunnen failed to respond in a timely manner to FINRA requests for information and documents.

Leonard William Dendunnen : Fined $10,000; Suspended 6 months