Israel I. Echi (CRD # 5416372, Associated Person, Mount Vernon, New York) was fined $5,000 and suspended from association with any FINRA member in any capacity for one year for willful failure to disclose information, and was fined $2,500 and suspended from association with any FINRA member in any capacity for two months for failure to timely respond to requests for information. The suspensions shall run concurrently. The fines shall be payable upon re-entry into the securities industry. The sanctions were based on findings that Echi willfully failed to disclose material information on his Form U4 and failed to timely respond to FINRA requests for information.

The suspensions are in effect from January 5, 2009, through January 4, 2010. (FINRA Case # 2007010774001)