Robert Duane Ralston (CRD #801226, Registered Representative, Normal, Illinois) 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 60 days. The fine must be paid before Ralston reassociates with any NASD member following the suspension, or before he requests relief from any statutory disqualification. Without admitting or denying the findings, Ralston consented to the described sanctions and to the entry of findings that he made changes to insurance application forms a public customer signed and affixed the customer’s initials to the changes with the customer’s knowledge and consent and submitted the forms to his member firm to purchase life insurance for the customer, in contravention of his firm’s written supervisory procedures.
The suspension in any capacity is in effect from January 16, 2007, through March 16, 2007. (NASD Case #E8A2004108101)

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