Shaniqua N. White (CRD # 5337573, Registered Representative, Bronx, New York) submitted an Offer of Settlement in which she was barred from association with any FINRA member in any capacity. Without admitting or denying the allegations, White consented to the described sanction and to the entry of findings that she converted $1,800 from a customer [...]

Thailia Alisa Tucker (CRD # 1727554, Registered Principal, Miami, Florida) submitted a Letter of Acceptance, Waiver and Consent in which she was barred from association with any FINRA member in any capacity. Without admitting or denying the findings, Tucker consented to the described sanction and to the entry of findings that she misappropriated approximately $847,188.87 [...]

David Alan Tucker (CRD # 3212328, Registered Representative, Port Orange, Florida) submitted a Letter of Acceptance, Waiver and Consent in which he was fined $5,000 and suspended from association with any FINRA member in any capacity for 20 days. Without admitting or denying the findings, Tucker consented to the described sanctions and to the entry [...]

Scott Ryan Tischler (CRD # 3248953, Registered Representative, Richmond, Virginia) was fined $5,000 and suspended from association with any FINRA member in any capacity for one year. Tischler withdrew his appeal to the NAC. The sanctions were based on findings that Tischler borrowed $67,000 from a public customer contrary to his member firm’s prohibition of [...]

James Scott Stanley (CRD # 722614, Registered Representative, Oklahoma City, Oklahoma) submitted a Letter of Acceptance, Waiver and Consent in which he was fined $5,000 and suspended from association with any FINRA member in any capacity for six months. The fine must be paid either immediately upon Stanley’s reassociation with a FINRA member firm following [...]

Justin C. Sidaway (CRD # 5001842, Registered Representative, Waterford, Michigan) was barred from association with any FINRA member in any capacity. The sanction was based on findings that Sidaway accessed the systems of a bank affiliate of his member firm to obtain information regarding a customer and his retail bank account and, without the customer’s [...]

Ralph Matthew Shino (CRD # 1380293, Registered Principal, Scottsdale, Arizona) was suspended from association with any FINRA member in any principal capacity for nine months for late filing and failing to file NASD Rule 3070 reports and amendments to Forms U4 and Uniform Termination Notices for Securities Industry Registration (Forms U5), with an additional suspension [...]

Yajaira Santos (CRD # 4791361, Associated Person, Carolina, Puerto Rico) submitted a Letter of Acceptance, Waiver and Consent in which she was barred from association with any FINRA member in any capacity. Without admitting or denying the findings, Santos consented to the described sanction and to the entry of findings that she completed and submitted [...]

Eugene Francis Roesser Jr. (CRD # 1074726, Registered Representative, North Potomac, Maryland) submitted a Letter of Acceptance, Waiver and Consent in which he was fined $15,000 and suspended from association with any FINRA member in any capacity for 15 business days. Without admitting or denying the findings, Roesser consented to the described sanctions and to [...]

Robert Kenneth Roeding (CRD # 4561756, Registered Representative, Bellevue, Kentucky) submitted a Letter of Acceptance, Waiver and Consent in which he was fined $5,000 and suspended from association with any FINRA member in any capacity for three months. The fine must be paid either immediately upon Roeding’s reassociation with a FINRA member firm following his [...]

James Whitfield Robison (CRD # 4663951, Registered Representative, Clovis, California) submitted an Offer of Settlement in which he was barred from association with any FINRA member in any capacity. Without admitting or denying the allegations, Robison consented to the described sanction and to the entry of findings that he falsified customers’ signatures on account-related documents [...]

Carlos Daniel Rivera (CRD # 5079860, Registered Representative, Bayonne, New Jersey) was barred from association with any FINRA member in any capacity. The sanction was based on findings that Rivera failed to disclose to his member firm an outside brokerage account that he opened after his firm expressly told him that he could not maintain [...]

Lawrence Lathan Powell Jr. (CRD # 4899001, Registered Representative, Huntington, New York) submitted a Letter of Acceptance, Waiver and Consent in which he was barred from association with any FINRA member in any capacity. Without admitting or denying the findings, Powell consented to the described sanction and to the entry of findings that he misappropriated [...]

George Thomas Parry Jr. (CRD # 1259983, Registered Representative, Akron, Ohio) submitted a Letter of Acceptance, Waiver and Consent in which he was fined $15,000 and suspended from association with any FINRA member in any capacity for 60 days. Without admitting or denying the findings, Parry consented to the described sanctions and to the entry [...]

 
Rene Francisco Palacios (CRD # 3188994, Registered Representative, Cabo Rojo, Puerto Rico) was barred from association with any FINRA member in any capacity. The sanction was based on findings that Palacios misused $62,750 in customer’s funds by opening a new bank account in a customer’s name, funding the new account with a deposit of $62,750 [...]

Shellie Lin Newton (CRD # 2630770, Registered Supervisor, Trenton, Florida) submitted a Letter of Acceptance, Waiver and Consent in which she was barred from association with any FINRA member in any capacity. Without admitting or denying the findings, Newton consented to the described sanction and to the entry of findings that she used her position [...]

Timothy E. Nenoff (CRD # 4883354, Registered Representative, Wheaton, Illinois) submitted a Letter of Acceptance, Waiver and Consent in which he was barred from association with any FINRA member in any capacity. Without admitting or denying the findings, Nenoff consented to the described sanction and to the entry of findings that he wrote checks from [...]

Kevin Paul McCaffrey (CRD # 4130994, Registered Representative, Grand Rapids, Michigan) submitted an Offer of Settlement in which he was fined $10,000 and suspended from association with any FINRA member in any capacity for three months. Without admitting or denying the allegations, McCaffrey consented to the described sanctions and to the entry of findings that [...]

Robert Lee Mandeville (CRD # 2662306, Registered Representative, Newport Beach, California) submitted a Letter of Acceptance, Waiver and Consent in which he was fined $35,000 and suspended from association with any FINRA member in any capacity for five months. The fine must be paid either immediately upon Mandeville’s reassociation with a FINRA member firm following [...]

Darren Kai Yun Lee (CRD # 5622342, Associated Person, Waipahu, Hawaii) submitted a Letter of Acceptance, Waiver and Consent in which he was fined $5,000 and suspended from association with any FINRA member in any capacity for two years. The fine must be paid either immediately upon Lee’s reassociation with a FINRA member firm following [...]

Raymond Al Herrera (CRD # 1978708, Registered Representative, Detroit, Michigan) 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 Herrera’s reassociation with a FINRA member firm following his [...]

Brian Havens (CRD # 4139947, Registered Principal, Woodlynne, New Jersey) submitted a Letter of Acceptance, Waiver and Consent in which he was fined $12,500 and suspended from association with any FINRA member in any capacity for 18 months. The fine must be paid either immediately upon Havens’ reassociation with a FINRA member firm following his [...]

Benjamin Gideon Geller (CRD # 2405428, Registered Supervisor, West Bloomfield, Michigan) submitted a Letter of Acceptance, Waiver and Consent in which he was fined $5,000 and suspended from association with any FINRA member in any capacity for 90 days. The fine must be paid either immediately upon Geller’s reassociation with a FINRA member firm following [...]

Vincent Joseph Farrugia Jr. (CRD # 2472598, Registered Representative, Lawrenceville, Georgia) submitted a Letter of Acceptance, Waiver and Consent in which he was fined $15,000 and suspended from association with any FINRA member in any capacity for four months. The fine must be paid either immediately upon Farrugia’s reassociation with a FINRA member firm following [...]

Jeffery Michael Engler (CRD # 4805972, Registered Representative, Marana, Arizona) submitted a Letter of Acceptance, Waiver, and Consent in which he was barred from association with any FINRA member in any capacity. Without admitting or denying the findings, Engler consented to the described sanction and to the entry of findings that, while associated with a [...]

Daphne Michelle Easley (CRD # 4509549, Associated Person, Canyon Country, California) was barred from association with any FINRA member in any capacity. The sanction was based on findings that Easley misappropriated approximately $6,500 in funds from her member firm by ordering approximately $6,500 in gift checks, which were used by her member firm to reward [...]

Jeffrey Paul Dungan (CRD # 4387877, Registered Representative, Fulton, Missouri) submitted a Letter of Acceptance, Waiver and Consent in which he was fined $5,000 and suspended from association with any FINRA member in any capacity for one month. The fine must be paid either immediately upon Dungan’s reassociation with a FINRA member firm following his [...]

 
Michael Gerald Delano III (CRD # 2205315, Registered Representative, Jersey City, New Jersey) submitted a Letter of Acceptance, Waiver and Consent in which he was barred from association with any FINRA member in any capacity. Without admitting or denying the findings, Delano consented to the described sanction and to the entry of findings that he [...]

Tracy L. Clifford (CRD # 2242393, Registered Supervisor, Fishers, Indiana) submitted a Letter of Acceptance, Waiver and Consent in which he was barred from association with any FINRA member in any capacity. Without admitting or denying the findings, Clifford consented to the described sanction and to the entry of findings that he borrowed $150,000 from [...]

David Nelson Cherry (CRD # 1521648, Registered Representative, Indianapolis, Indiana) submitted a Letter of Acceptance, Waiver and Consent in which he was fined $37,500, which includes $32,495.76 in disgorgement of commissions, and suspended from association with any FINRA member in any capacity for seven months. The fine must be paid either immediately upon Cherry’s reassociation [...]

Hugh Earl Cating (CRD # 2240164, Registered Principal, Mooresville, North Carolina) was barred from association with any FINRA member in any capacity. The sanction was based on findings that Cating failed to provide documents and information in response to FINRA requests and failed to provide testimony, which FINRA requested. The findings stated that Cating failed [...]

Kevin Patrick Brennan (CRD # 3009014, Registered Principal, Garden City, New York) submitted a Letter of Acceptance, Waiver and Consent in which he was fined $15,000 and suspended from association with any FINRA member in any principal capacity for six months. In addition, he undertakes to cooperate with any and all FINRA investigations. Without admitting [...]

Stuart David Baron (CRD # 3093975, Registered Representative, Brooklyn, New York) submitted a Letter of Acceptance, Waiver and Consent in which he was barred from association with any FINRA member in any capacity. Without admitting or denying the findings, Baron consented to the described sanction and to the entry of findings that he converted approximately [...]

Randall Charles Barker (CRD # 2474154, Registered Representative, Montrose, Colorado) was barred from association with any FINRA member in any capacity. The sanction was based on findings that Barker misappropriated $16,261.18 in insurance premium payments by intercepting customers’ premium payments, depositing the payments into his personal bank account and using the funds for personal expenses. [...]

Michael Lewis Axel (CRD # 9164, Registered Representative, New York, New York) submitted a Letter of Acceptance, Waiver and Consent in which he was barred from association with any FINRA member in any capacity. Without admitting or denying the findings, Axel consented to the described sanction and to the entry of findings that he misappropriated [...]

FINRA Bars California Broker for Insider Trading
The Financial Industry Regulatory Authority (FINRA) announced that a former registered representative, Abhishek Uppal, has been barred from the securities industry for engaging in insider trading earlier this year.Uppal, of San Francisco, worked in the investment banking department of Piper Jaffray & Co. from 2007 to July 2009. He [...]

Michael Winter (CRD # 470232, Registered Principal, Brookline, Massachusetts) submitted a Letter of Acceptance, Waiver and Consent in which he was fined $5,000 and suspended from association with any FINRA member in any capacity for 10 business days. Without admitting or denying the findings, Winter consented to the described sanctions and to the entry of [...]

William Curtis Wester (CRD # 1650555, Registered Representative, Grand Ridge, Florida) submitted a Letter of Acceptance, Waiver and Consent in which he was fined $5,000 and suspended from association with any FINRA member in any capacity for six months. The fine must be paid either immediately upon Wester’s reassociation with a FINRA member firm following [...]

Lindsay Gregg Thomson (CRD # 2984060, Registered Representative, Scottsdale, Arizona) submitted a Letter of Acceptance, Waiver and Consent in which he was fined $5,000 and suspended from association with any FINRA member in any capacity for 25 business days. The fine must be paid either immediately upon Thomson’s reassociation with a FINRA member firm following [...]

Douglas Leon Swenson (CRD # 1196632, Registered Principal, Eagle, Idaho) submitted a Letter of Acceptance, Waiver and Consent in which he was barred from association with any FINRA member in any capacity. Without admitting or denying the findings, Swenson consented to the described sanction and to the entry of findings that he had provided FINRA [...]

Blanka Solta (CRD # 4568965, Registered Representative, New York, New York) submitted a Letter of Acceptance, Waiver and Consent in which she was fined $10,000 and suspended from association with any FINRA member in any capacity for 12 months. The fine must be paid either immediately upon Solta’s reassociation with a FINRA member firm following [...]

Jonathan Stuart Solonche (CRD # 5191394, Registered Representative, Solon, Ohio) submitted a Letter of Acceptance, Waiver and Consent in which he was fined $5,000 and suspended from association with any FINRA member in any capacity for 18 months. The fine must be paid either immediately upon Solonche’s reassociation with a FINRA member firm following his [...]

Steven John Simone (CRD # 2413602, Registered Principal, East Elmhurst, New York) submitted a Letter of Acceptance, Waiver and Consent in which he was fined $10,500, which included disgorgement of approximately $8,000 in commissions received, and suspended from association with any FINRA member in any capacity for 20 business days. Without admitting or denying the [...]

Wanda Pittman Sears (CRD # 2214419, Registered Representative, Roanoke, Virginia) was suspended from association with any FINRA member in any capacity for six months for unauthorized trading, and was also suspended from association with any FINRA member in any capacity for six months for engaging in outside business activities without providing her member firm with [...]

David Michael Scaffe (CRD # 2643002, Registered Principal, Daniel Island, South Carolina) submitted a Letter of Acceptance, Waiver and Consent in which he was barred from association with any FINRA member in any capacity. Without admitting or denying the findings, Scaffe consented to the described sanction and to the entry of findings that he borrowed [...]

Martin Luther Royster (CRD # 2084005, Registered Representative, Detroit, Michigan) submitted an Offer of Settlement in which he was fined $5,000 and suspended from association with any FINRA member in any capacity for three months. Without admitting or denying the allegations, Royster consented to the described sanctions and to the entry of findings that he [...]

Martin Dennis Ross (CRD # 2221937, Registered Representative, Boca Raton, Florida) submitted an Offer of Settlement in which he was fined $25,000 and suspended from association with any FINRA member in any capacity for two years. The fine must be paid either immediately upon Ross’ reassociation with a FINRA member firm following his suspension, or [...]

 
Michael M. Reilly (CRD # 4841098, Registered Principal, New York, New York) submitted a Letter of Acceptance, Waiver and Consent in which he was fined $12,500 and suspended from association with any FINRA member in any capacity for 45 days. Reilly also agreed to fully and promptly cooperate with FINRA in any and all investigations [...]

Hubert William Pereira (CRD # 5236672, Registered Representative, Marietta, Georgia) submitted a Letter of Acceptance, Waiver and Consent in which he was fined $5,000 and suspended from association with any FINRA member in any capacity for four months. The fine must be paid either immediately upon Pereira’s reassociation with a FINRA member firm following his [...]

Judy Jo Patrick (CRD # 1476997, Registered Representative, Owasso, Oklahoma) submitted a Letter of Acceptance, Waiver and Consent in which she was barred from association with any FINRA member in any capacity. Without admitting or denying the findings, Patrick consented to the described sanction and to the entry of findings that she altered public customers’ [...]