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 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, Dungan consented to the described sanctions and to the entry of findings that he created and disseminated a false proof of insurance document and inserted a false policy number on the document in order to assist a customer, whose commercial insurance application was never filed or submitted due to an administrative error at Dungan’s member firm. The findings stated that Dungan should have known that the customer and its bank would rely on the representations in the document. The suspension was in effect from December 7, 2009, through January 6, 2010. (FINRA Case # 2008015824001)

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