Dhulsini Hemani De Zoysa (CRD # 3127323, Registered Representative, New York. New York) submitted a Letter of Acceptance, Waiver and Consent in which she was fined $10,000, barred from association with any FINRA member in any capacity requiring Series 86 and/or Series 87 (Research Analyst) registration, and suspended from association with any member firm in any capacity for 12 months. The fine must be paid either immediately upon De Zoysa’s reassociation with a FINRA member firm following her 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, De Zoysa consented to the described sanctions and to the entry of findings that she published research reports in which she made false, exaggerated, unwarranted or misleading statements, and published the reports, which she knew were false or misleading. The findings stated that De Zoysa was involved in a romantic relationship with an executive of a company within her coverage area and failed to disclose the relationship, which created an actual, material conflict of interest. The findings also stated that De Zoysa, in contravention of her firm’s directive, created and deleted documents on her laptop computer after commencement of the firm’s internal investigation.

The suspension is in effect from February 17, 2009, through February 16, 2010.