Mark Jeffrey Sheehy (CRD #2224709, Registered Representative, Scottsdale, Arizona) was barred from association with any NASD member in any capacity. The sanction was based on findings that Sheehy received $97,500 from a public customer to be invested, deposited the funds into his bank account and executed numerous transactions in the customer’s account without the customer’s authorization, knowledge or consent. The findings further stated that Sheehy caused the transfer of funds from the customer’s securities account for the purpose of causing the customer to believe that the funds represented a return on investment. The findings also stated that Sheehy failed to respond to NASD requests for information. (NASD Case #20050005544-01)

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