The allegations read: Without admitting or denying the findings, ren consented to the sanctions and to the entry of findings that he caused his member firm to not capture or maintain communications by using an unapproved social media platform to communication relating to his securities business. The findings stated that ren's posts related to the securities industry and included posts discussing market observations, investing strategies, and services he could provide through his firm. In annual compliance questionnaires, ren inaccurately stated that he only communicated with prospective customers through his firm email and was previously individually warned by his firm to not use the social media platform to communicate with customers.
