Bruce Arthur Tucker (CRD # 2369029, Registered Representative, Delray Beach, Florida) 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, Tucker consented to the described sanction and to the entry of findings that he made recommendations to public customers to open accounts with his member firm and invest in collateralized mortgage obligation (CMO) securities without having reasonable grounds for believing that his recommendations were suitable based on the customers’ financial situations and needs. The findings stated that Tucker made misstatements of material fact and omitted material facts in connection with the CMO recommendations. The findings also stated that Tucker delegated the authority to another representative to utilize his discretion to select particular CMO investments for his customers, decide how much of the security his customers would buy and when, and decide how much margin borrowing would be utilized to purchase the CMOs, without obtaining written authorization from his clients and a firm principal to authorize Tucker or another representative to exercise discretion in any of the accounts. (FINRA Case # 2006005546005)