Meadows, Robert Brian

Robert Brian Meadows (CRD # 1780941, Registered Representative, Playa Del Rey, California) submitted a Letter of Acceptance, Waiver and Consent in which he was fined $7,500 and suspended from association with any FINRA member in any capacity for 90 days. The fine must be paid either immediately upon Meadow’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, Meadows consented to the described sanctions and to the entry of findings that, while associated with a member firm, he borrowed $30,000 from a customer who was also a personal friend. The findings stated that Meadows did not obtain consent from the firm to borrow from the customer when the firm’s written procedures prohibited registered persons from borrowing from customers except under certain circumstances and also required the firm’s prior review and approval. The findings also stated that Meadows failed to disclose the loan when completing the firm’s annual compliance questionnaires.

 
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