The allegations read: Nasd rules 2110, 3030, 3040 - respondent participated in private securities transactions without prior written notice to his member firm. The findings stated that relyea completed annual compliance questionnaires and falsely represented that he was not engaged, and had not engaged, in any private securities transactions. The findings also stated that relyea engaged in outside business activities for compensation, without prompt written notice to his member firm. The findings also included that relyea completed an annual compliance questionnaire in which he falsely represented that he had not engaged in any outside business activity.
