Former representative maintains that sanctions were unwarranted for her actions.

Names and sanctions re-published in annual consolidated report.

Finds that a permanent ban from registration was not harsh or excessive.

Distribution, acquistions and excess capital deployment all top of mind for executives.

Regulator says use of unapproved sales materials contrary to rules.

Regulator also orders commission disgorgement of $35,500.

Red Cloud Securities also ordered to disgorge more than $611,306 in commissions.