Ross Owen Haugen (CRD #1286021, Registered Supervisor, Plymouth, Minnesota) submitted a Letter of Acceptance, Waiver and Consent in which he was fined $5,000 and suspended from association with any NASD member in any capacity for 10 business days. The fine must be paid before Haugen reassociates with any NASD member following the suspension, or before he requests relief from any statutory disqualification. Without admitting or denying the findings, Haugen consented to the described sanctions and to the entry of findings that he recommended securities transactions to a public customer that were not suitable in light of the customer’s age, risk tolerance and investment objectives.
The suspension in any capacity was in effect from January 2, 2007, through January 16, 2007. (NASD Case #2005001763701)

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