The allegations read: Without admitting or denying the findings, hannes consented to the sanction and to the entry of findings that he failed to produce documents and information requested by finra during its investigation into allegations that he converted customer funds. The findings stated that hannes' member firm terminated his association with it and disclosed that it received notice from a client that funds were paid to hannes for purchase of a life insurance contract that were not forwarded to the life insurance company.
