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 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, Havens consented to the described sanctions and to the entry of findings that he falsified the dates on account opening documents and bank checks without the customers’ knowledge or consent. The findings stated that customers gave Havens checks totaling $23,190.24 to purchase shares in mutual funds, and he failed to execute the customers’ orders on a timely basis. The findings also stated that the customers complained to Havens about his failure to invest their funds and Havens settled the customers’ complaints by paying the customers but failed to report the complaints to his member firm or seek its approval to settle the matters. The suspension is in effect from November 16, 2009, through May 15, 2011. (FINRA Case # 2008015121101)

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