David Wu (CRD # 726970, Registered Representative, San Francisco, California) submitted a Letter of Acceptance, Waiver and Consent in which he was fined $5,000 and suspended from association with any FINRA member in any capacity for 10 business days. Without admitting or denying the findings, Wu consented to the described sanctions and to the entry of findings that he purchased securities issued by companies he followed in his capacity as a research analyst 30 calendar days before, and ending five calendar days after, the publication of research reports concerning one or more of the companies. (FINRA Case # 20060037540-02)

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