Derek John Rehill (CRD #2935032, Valley Stream, New York)

An AWC was issued in which Derek John Rehill (CRD #2935032) was suspended from association with any FINRA member in all capacities for two months. In light of Rehill’s financial status, no monetary sanction has been imposed. Without admitting or denying the findings, Rehill consented to the sanction and to the entry of findings that he prepared inaccurate customer contact notes reflecting telephone calls with customers. The findings stated that Derek John Rehill was responsible for periodically calling customers whose accounts his member firm had identified as “actively traded” to confirm, among other things, the investment objective and risk tolerance reflected on the customer’s new account form. For each call, Rehill was required to complete a customer contact form which included fields for him to record whether the customer had confirmed his or her investment objective and risk tolerance. Derek John Rehill completed customer contact forms that inaccurately stated that customers had confirmed their investment objectives and risk tolerances. Rehill also completed customer contact forms reflecting that customers had confirmed they had a speculative investment objective when, in fact, the customers had not. Rehill also completed a customer contact form reflecting that a customer had confirmed he had a speculative risk tolerance when he had not asked the customer any questions about his risk tolerance. The suspension is in effect from April 17, 2023, through June 16, 2023. (FINRA Case #2020066887202)