Vance A. Philpotts (CRD # 3097612, Associated Person, Cambria Heights, New York) 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, Philpotts consented to the described sanction and to the entry of findings that, while employed as an unregistered income processing specialist with a member firm, he transferred dividends and other income totaling $10,959.52 from the firm’s operational account to his brokerage account for his own use and benefit, without authorization. The findings stated that Philpotts repaid half of the money he converted and signed a promissory note agreeing to pay the remainder in monthly installments.