Julianna Marie Shadinger (CRD # 3215505, Registered Representative, South Bend, Indiana) submitted an Offer of Settlement in which she was fined $5,000, suspended from association with any FINRA member in any capacity for six months, and required to requalify by examination before reentering the securities industry. Without admitting or denying the allegations, Shadinger consented to the described sanctions and to the entry of findings that, by use of the instrumentalities of interstate commerce or the mails, she made untrue statements of material fact or omitted to state material facts necessary in order to make the statements made, in light of the circumstances under which they were made, not misleading, to public customers. The findings stated that Shadinger made unsuitable recommendations to the customers, causing their funds to be invested in Class A shares of a front-end load mutual fund, which did not have check writing privileges as Shadinger had described, and the funds also incurred fees in the accounts. The findings also stated that Shadinger failed to establish and maintain an available cash balance in the customers’ accounts from which they could have written checks, but instead she liquidated mutual fund share positions to cover the amounts of the checks, thereby exercising discretion over their accounts. FINRA found that the customers did not grant Shadinger written authorization to exercise discretion, nor did her member firm accept the accounts as discretionary.