Victor Gregory Grieco (CRD # 2632509, Registered Representative, Wellington, Florida) 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. The fine must be paid either immediately upon Grieco’s reassociation with a FINRA member firm following his suspension, or prior to the filing of any application or request for relief from any statutory disqualification, whichever is earlier. Without admitting or denying the findings, Grieco consented to the described sanctions and to the entry of findings that he engaged in outside business activities without prompt written notice to his member firm. The findings stated that Grieco referred public customers to an independent insurance broker to purchase life insurance and received $18,000 in commissions from the sale of the policies.

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