The allegations read: **3/13/07** stipulation of facts and consent to penalty filed by nyse regulation division of enforcement violation (s):consented to findings that he: 1. Violated nyse rule 476(a)(6) in that he engaged in conduct inconsistent with just and equitable principles of trade in that he altered documents of his member firm employer without proper authority by adding information after the fact, such as initials or similar notations indicating timely supervisory review, and/or back dating documents, and directed other employees to alter such documents as well. 2. Violated nyse rule 342(a) in that he failed to reasonably discharge his duties and obligations in connection with the supervision and control of the activities of the employees in his branch office. 3. Caused violations of section 17(a) of the securities exchange act of 1934 and rule 17a-4 thereunder, and nyse rule 440 in that he caused his member firm employer to preserve inaccurate books and records.
sanction: censure and a bar of eight months from membership, allied membership, approved person status, and from employment or association in any capacity with any member or member organization, and a fine of $15,000.
