Enforcement Actions
Financial Industry Regulatory Authority (FINRA)
CASES OF NOTE
2009
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.
December 2009
Jonathan Stuart Solonche
AWC/2008014858901/December 2009
Solonche willfully failed to update his Form U4 to disclose material information.
Jonathan Stuart Solonche: Fined $5,000; Suspended 18 months
Tags:  jWillfully     |    In: U4, U5, RE-3, Rule 3070
Robin Lynn McKenny
2007009454501/December 2009
Associated Person McKenny willfully failed to disclose material information on a firm employment application.
Robin Lynn McKenny: Fined $5,000; Suspended 18 months
Tags:  Willfully     |    In: U4, U5, RE-3, Rule 3070
November 2009
Alexander Andujar
2007009001001/November 2009
Associated Person Andujar failed to respond to FINRA requests for information. Andujar willfully failed to disclose material information on his Uniform Application for Securities Industry Registration or Transfer (Form U4).
Alexander Andujar: Barred
Tags:  Willfully     |    In: U4, U5, RE-3, Rule 3070
Amanda Michelle Fleites
2008013621001/November 2009
Fleites willfully failed to disclose material information on her Form U4, and failed to respond to FINRA request for information.
Amanda Michelle Fleites: Barred
Tags:  Willfully     |    In: U4, U5, RE-3, Rule 3070
Joshua William Moss
2008014116901/November 2009
Associated Person Moss willfully failed to disclose material facts on his Form U4 and failed to respond to requests for information.
Joshua William Moss: Barred
Tags:  Willfully     |    In: U4, U5, RE-3, Rule 3070
Michael C. Metters
AWC/2008012057801/November 2009
Metters willfully failed to amend his Form U4 to disclose material information.
Michael C. Metters: Fined $5,000; Suspended 90 days in all capacities.
Tags:  Willfully     |    In: U4, U5, RE-3, Rule 3070
Michael Gene Walker
AWC/2008014921201/November 2009
Walker willfully failed to disclose material information on his Form U4.
Michael Gene Walker: Fined $5,000; Suspended 6 months in all capacities
Tags:  Willfully     |    In: U4, U5, RE-3, Rule 3070
Mitchell Ted Toland
OS/2007009978502/November 2009
Toland willfully failed to disclose material information on his Form U4.
Mitchell Ted Toland: Fined $5,000; Suspended 45 days
Tags:  Willfully     |    In: U4, U5, RE-3, Rule 3070
Scott Allan Shapiro
OS/2007009179401/November 2009
Shapiro caused his member firm to charge a $100 service fee to approximately 3,000 customers who had not been provided with prior written notice of the service fee. Shapiro willfully failed to amend his Form U4 and disclose material information on his Form U4. Shapiro failed to respond to FINRA requests for information.
Scott Allan Shapiro: Barred
Tags:  Service Fee    Willfully     |    In: Cases of Note : FINRA
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