Active Investigations

March 16, 2022 – An AWC was issued in which Barnett was assessed a deferred fine of $5,000 and suspended from association with any FINRA member in all capacities for 30 days. Without admitting or denying the findings, Barnett consented to the sanctions and to the entry of findings that he mismarked mutual fund order tickets as unsolicited when he had solicited the trades. The findings stated that Barnett marked …

March 15, 2022 – An AWC was issued in which Campopiano was fined $2,500 and suspended from association with any FINRA member in all capacities for one month. Without admitting or denying the findings, Campopiano consented to the sanctions and to the entry of findings that he caused trade confirmations to show an inaccurate representative code by changing the representative code for trades. The findings stated that Campopiano entered into …

March 14, 2022 – An AWC was issued in which Blackmon was assessed a deferred fine of $5,000 and suspended from association with any FINRA member in all capacities for three months. Without admitting or denying the findings, Blackmon consented to the sanctions and to the entry of findings that he participated in private securities transactions without providing prior written notice to his member firm. The findings stated that Blackmon …

March 7, 2022 – An AWC was issued in which Carpenter was fined $2,500 and suspended from association with any FINRA member in all capacities for 10 business days. Without admitting or denying the findings, Carpenter consented to the sanctions and to the entry of findings that she caused her member firm to maintain inaccurate books and records by changing the representative code for trades, resulting in the trade confirmations …

March 2, 2022 – An AWC was issued in which Mandel was assessed a deferred fine of $5,000, suspended from association with any FINRA member in all capacities for seven months, and ordered to pay deferred disgorgement in the amount of $5,635.35, plus interest. Without admitting or denying the findings, Mandel consented to the sanctions and to the entry of findings that he participated in private securities transactions without providing …

March 1, 2022 – An AWC was issued in which Hebbar was assessed a deferred fine of $10,000 and suspended from association with any FINRA member in all capacities for six months. Without admitting or denying the findings, Hebbar consented to the sanctions and to the entry of findings that he did not obtain his member firm’s prior written consent before opening, or continuing to maintain, outside brokerage accounts in …

March 31, 2022 – An OHO decision became final in which Wilk was barred from association with any FINRA member in all capacities. The sanction was based on the findings that Wilk failed to appear for on-the-record testimony in connection with FINRA’s investigation into whether he excessively traded a customer’s account. The findings stated that Wilk’s trading in the account resulted in a high cost-toequity ratio and a turnover rate …

March 25, 2022 – An AWC was issued in which Karakatsanis was barred from association with any FINRA member in all capacities. Without admitting or denying the findings, Karakatsanis consented to the sanction and to the entry of findings that he engaged in conversion and improper use of funds. The findings stated that Karakatsanis, without authorization, reversed fees totaling $2,663 charged to his own bank account, and fees totaling $170.24 …

March 22, 2022 – An AWC was issued in which McDonnell was barred from association with any FINRA member in all capacities. Without admitting or denying the findings, McDonnell consented to the sanction and to the entry of findings that he refused to provide documents and information requested by FINRA in connection with an investigation into the circumstances giving rise to McDonnell’s termination from his member firm. The findings stated …

March 22, 2022 – An AWC was issued in which Giannetti was barred from association with any FINRA member in all capacities. Without admitting or denying the findings, Giannetti consented to the sanction and to the entry of findings that he refused to provide documents and information requested by FINRA in connection with an investigation concerning his potential participation in undisclosed OBAs while associated with his member firm. (FINRA

March 21, 2022 – An AWC was issued in which Stevens was barred from association with any FINRA member in all capacities. Without admitting or denying the findings, Stevens consented to the sanction and to the entry of findings that he forged the signature of an estate attorney and an accountant without their authorization or consent. The findings stated that Stevens submitted multiple life insurance applications for a customer, worth …

March 21, 2022 – An Order Accepting Offer of Settlement was issued in which Reda was barred from association with any FINRA member in all capacities. Without admitting or denying the allegations, Reda consented to the sanction and to the entry of findings that he willfully violated Section 10(b) of the Exchange Act and Rule 10b-5 thereunder and violated FINRA Rule 2020 by churning customer accounts that he exercised de …