Former securities representative suspended and fined for allegedly falsifying customer signatures on various account forms
FINRA Rule 2010 FINRA Rule 4511
Securities representative suspended and fined for alleged unauthorised exercise of discretionary authority over accounts
FINRA Rule 2010 FINRA Rule 3260 NASD Rule 2510
Former securities representative barred for allegedly refusing to provide on-the-record testimony
FINRA Rule 2010 FINRA Rule 8210
Former securities representative suspended and fined for alleged false attestation as well as the use of unapproved communication channels
The representative signed a ‘move money’ form falsely attesting that he had confirmed all the relevant details with the customer.
The representative also used his personal mobile phone to send and receive text messages related to the firm’s securities business, so preventing the messages from being captured by the firm as required.
FINRA Rule 2010 FINRA Rule 4511
Citigroup Global Markets censured and fined for allegedly issuing inaccurate trade confirmations to customers
The firm incorrectly designated customer orders that crossed with the firm’s principal orders as “Cross as Agent” trades instead of as principal trades.
Exchange Act Rule 10b-10 Exchange Act Section 10(b) Exchange Act Rule 17a-3 FINRA Rule 2010 FINRA Rule 2232 FINRA Rule 4511
| Unless otherwise noted all respondents accepted and consented to FINRA’s findings without admitting or denying them. |