FINRA Disciplinary Action July 2021

Table of Contents

MATTHEW R. LOGAN (CRD #5366984, MONTEPELIER, VERMONT)

June 30, 2021 – An OHO decision became final in which Logan was barred from association with any FINRA member in all capacities. The sanction was based on findings that Logan used an imposter to complete multiple continuing education training courses, including his FINRA Regulatory Element training. The findings stated that Logan had his assistant complete multiple trainings using his log-in credentials instead of taking them himself as required by FINRA regulations. (FINRA Case #2019062574901)

MICHAEL THOMAS CARL (CRD #3023492, CHICAGO, ILLINOIS)

June 30, 2021 – An AWC was issued in which Carl was barred from association with any FINRA member in all capacities. Without admitting or denying the findings, Carl consented to the sanction and to the entry of findings that he submitted altered invoices to his member firm. The findings stated that the altered forms Carl submitted caused his member firm to pay expenses in excess of $19,000 on behalf of two of the firm’s advisory clients, which were not entitled to have those expenses paid. Furthermore, the findings state that Carl had undisclosed outside business activities in violation of FINRA rules. (FINRA Case #2019062574901)

CHRISTOPHER GEORGE ORLANDO (CRD #4136262, NEW YORK, NEW YORK)

June 30, 2021 – An AWC was issued in which Orlando was barred from association with any FINRA member in all capacities. Without admitting or denying the findings, Orlando consented to the sanction and to the entry of findings that he excessively traded 13 accounts of 12 different customers. The findings stated that Orlando’s trading of the 13 accounts resulted in high turnover rates and cost-to-equity ratios as well as significant losses, including collective realized losses of $483,680 and total trading costs of $581,216, including commissions of $496,872. (FINRA Case #2017056432603)

JUAN MANUEL CEJA (CRD #2732374, MEDFORD, OREGON)

July 1, 2021 – An AWC was issued in which Ceja was barred from association with any FINRA member in all capacities. Without admitting or denying the findings, Ceja consented to the sanction and to the entry of findings that he refused to provide documents and information as requested by FINRA during the course of an investigation. The findings stated that Ceja was under investigation for allegations made in a Form U5 by his former member firm that he submitted term life insurance applications with questionable and/or invalid information. (FINRA Case #2021070491301)

JOHN HENRY SWON IV (CRD #5591686 , BLOOMINGTON, MINNESOTA)

July 6, 2021 – An AWC was issued in which Swon was barred from association with any FINRA member in all capacities. Without admitting or denying the findings, Swon consented to the sanction and to the entry of findings that he refused to provide documents and information as requested by FINRA during the course of an investigation. The findings stated that Swon was under investigation for allegations made in a Form U5 by his former member firm that he misappropriated funds from a customer. (FINRA Case #2021071153001)

JEANET CHIHTZU LEE (CRD #4766237, ALVISO, CALIFORNIA)

July 6, 2021 – An AWC was issued in which Lee was barred from association with any FINRA member in all capacities. Without admitting or denying the findings, Lee consented to the sanction and to the entry of findings that she refused to provide documents and information as requested by FINRA during the course of an investigation. The findings stated that Lee was under investigation for allegations that she impersonated a customer in the process of requesting annuity withdrawals. (FINRA Case #2020068089401)

TYLER MICHAEL RIGSBEE (CRD #6351278, SACRAMENTO, CALIFORNIA)

July 7, 2021 – An AWC was issued in which Rigsbee was barred from association with any FINRA member in all capacities. Without admitting or denying the findings, Rigsbee consented to the sanction and to the entry of findings that he refused to provide documents and information as requested by FINRA during the course of an investigation. The findings stated that Rigsbee was under investigation for allegations made in a Form U5 by his former member firm that he appeared to be siphoning funds from clients at the firm to a third-party broker and then into his private accounts. (FINRA Case #2021071026301)

JI JUN YANG (CRD #6084289, SAN FRANCISCO, CALIFORNIA)

July 8, 2021 – An OHO decision became final in which Yang was barred from association with any FINRA member in all capacities. The sanction was based on findings that Yang converted firm funds for his own personal use by causing the firm to pay false credit card charges, forging firm documents, and failed to provide documents and information as requested by FINRA. The findings stated that Yang created multiple false Square and Paypal accounts to falsify charges on his corporate credit card in order to receive the funds himself as well as generating fake expense reports to verify his false claims. (FINRA Case #2019061187102)

RONALD JOSEPH GIOVINO JR. (CRD #2236071, CLEARWATER, FLORIDA)

July 8, 2021 – An AWC was issued in which Giovino was barred from association with any FINRA member in all capacities. Without admitting or denying the findings, Giovino consented to the sanction and to the entry of findings that he refused to provide documents and information as requested by FINRA during the course of an investigation. The findings stated that Giovino was under investigation for potentially converting customer funds for non-approved use. (FINRA Case #2021070962701)

SAMUEL C. LOHNER (CRD #7064052, FARMINGTON, CONNECTICUT)

July 9, 2021 – An AWC was issued in which Lohner was barred from association with any FINRA member in all capacities. Without admitting or denying the findings, Lohner consented to the sanction and to the entry of findings that he refused to appear for on-the-record testimony as requested by FINRA during the course of an investigation. The findings stated that Lohner was under investigation for concerns regarding the circumstances of his taking of the Series 7 qualification examination. (FINRA Case #2021069256901)

ENOCH STANLEY BOOTH (CRD #4370233, COLUMBIA, SOUTH CAROLINA)

July 20, 2021 – An AWC was issued in which Booth was barred from association with any FINRA member in all capacities. Without admitting or denying the findings, Booth consented to the sanction and to the entry of findings that he refused to documents and information as requested by FINRA during the course of an investigation. The findings stated that Booth had been terminated from his member firm with a U5 that alleged he had failed to disclose a series of private securities transactions and a self-directed IRA and provided gift cards to clients in violation of firm policy. (FINRA Case #2021069207301)

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