The allegations read: Without admitting or denying the findings, marquardt consented to the sanction and to the entry of findings that he refused to provide on-the-record testimony requested by finra in connection with its investigation into the allegations in a uniform termination notice for securities industry registration (form u5) filed by his member firm stating that, at his resignation, marquardt was under internal review for allegations that he deposited cashier's checks into client accounts in part to cover certain clients' investment losses without knowledge or authorization by the firm.
