Charles James Moni (CRD # 822557, Registered Representative, Princeton, New Jersey) 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 three months. The fine must be paid either immediately upon Moni’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, Moni consented to the described sanctions and to the entry of findings that he recommended concentrated positions in the security of a clinical-stage drug development company to customers of his member firm. The findings stated that the concentrated positions were unsuitable for Moni’s customers in light of their financial profile, personal circumstances and limited ability to withstand loss.