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FINRA Broker Allegations

Allegations against: Raymond Phillip Kvalvog

Allegation type: Regulatory

Allegation status: Final

The allegations read: The occ alleged that, in his capacity as director of the farmers and merchants national bank of hatton, hatton, north dakota, (the "bank") ray kvalvog failed to ensure that the bank took the necessary actions to achieve compliance with several provisions of the formal agreement entered into on may 11, 2009.

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