Miguel Angel Molina (CRD # 4187160, Registered Representative, Salt Lake City, Utah) submitted a Letter of Acceptance, Waiver and Consent in which he was barred from association with any FINRA member in any capacity. Without admitting or denying the findings, Molina consented to the described sanction and to the entry of findings that he received $8,813 from public customers intended for payment of insurance premiums and either failed to forward the full payment amounts or did not forward any of the payments to the insurance company. The findings stated that Molina acted without the customers’ knowledge or consent when he failed to apply the premium payments to the customers’ insurance policies and, instead, withheld the money for his personal use and benefit. (FINRA Case # 2007008922101)