Michael Owen Traynor (CRD # 1104964, Registered Principal, Bradenton, 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, Traynor consented to the described sanction and to the entry of findings that he received a $100,000 check from public customers to purchase life insurance policies, and, without the customers’ authorization or consent, deposited the check into a corporate bank account he controlled, and withdrew and transferred funds from the account for purposes other than the customers’ intentions. (FINRA Case # 2007008015301)