The allegations read: Black was named a respondent in a finra complaint alleging that he, while acting on behalf of his member firm, provided false documents to finra during an examination. The complaint alleges that certain of the branch inspection documents that the firm, acting through black, provided to finra were fabricated and falsely reported branch inspections that had never taken place. The complaint also alleges that black provided false investigative testimony to finra. Black falsely testified that he conducted branch inspections of former firm representatives' non-registered office locations on the dates reflected on the branch inspection documents. The complaint further alleges that the black failed to ever conduct branch office inspections of these non-registered office locations. In addition, the complaint alleges that the firm, acting through black, failed to retain electronic business-related correspondence. Moreover, the complaint alleges that firm, acting through black, failed to establish, maintain and enforce written procedures and a system to supervise the activities of each registered representative, registered principal, and other associated person that was reasonably designed to achieve compliance with applicable securities laws and regulations regarding the preservation of business-related electronic communications and branch inspections
