Matthew John King Jr. (CRD # 270014, Registered Representative, New Rochelle, New York) submitted a Letter of Acceptance, Waiver and Consent in which he was fined $10,000 and suspended from association with any FINRA member in any capacity for one year. Without admitting or denying the findings, King consented to the described sanctions and to the entry of findings that he falsified variable annuity policy applications for customers by representing that the customers had signed the applications in the proposed state of issue when they had not, and by representing that the customers had accounts with his member firm for at least six months when they did not. The findings stated that King submitted the falsified applications to his firm, which then submitted the applications to the issuer of the policies.

The suspension is in effect from January 20, 2009, through January 19, 2010. (FINRA Case # 2006003892301)