Also sanctioned for borrowing $30,000 from another client and for misleading firms.
Incomplete representative change forms sent to clients for signatures.
Four sanctioned in total after principal approved person reports his licensed assistant.
Regulator stops short of imposing monetary penalty, saying conviction is sufficient for general deterrence.
Names and sanctions re-published in annual consolidated report.
Distribution, acquistions and excess capital deployment all top of mind for executives.
Representative, the subject of multiple regulatory investigations, held the last of three licenses to be decided on by O