FINRA

Without admitting or denying the findings, Vernor consented to the sanctions and to the entry of findings that he willfully failed to amend his Form U4 to disclose a felony charge. The findings stated that although Vernor knew he was required to disclose the felony charge, he chose, voluntarily, to never disclose it on his Form U4.

Acceptance, Waiver & Consent(AWC)

Civil and Administrative Penalty(ies)/Fine(s)

$5,000.00

Suspension

All capacities

Five months

6/20/2023

11/19/2023

Vernor understands that this settlement includes a finding that he willfully omitted to state a material fact on a Form U4, and that under Section 3(a)(39)(F) of the Securities Exchange Act of 1934 and Article III, Section 4 of FINRA's By-Laws, this omission makes him subject to a statutory disqualification with respect to association with a member.

SEX ABUSE OF CHILD LESS THAN 12 YEARS OLD

Customer alleged misrepresentation in the sale of a variable annuity. Activity period: 3/19/2008 to 6/5/2014.

$55,000.00