FINRA

Without admitting or denying the findings, Moy consented to the sanctions and to the entry of findings that he submitted expense reports seeking reimbursement of business meals that he knew included false information about the attendees at those meals. The findings stated that Moy delegated the preparation of expense reports to his assistant, but Moy often neglected to inform his assistant of the names of the clients or prospective clients who had attended business meals with him. When this occurred, Moy's assistant would insert randomly selected names of her choosing on Moy's expense reports. Despite knowing that this was his assistant's practice, Moy failed to correct those reports to list the actual attendees of the business meals and instead submitted the deliberately inaccurate expense reports for reimbursement.

Acceptance, Waiver & Consent(AWC)

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

$5,000.00

Suspension

All capacities

Two months

3/15/2021

5/14/2021

Morgan Stanley Smith Barney, LLC

Discharged

Allegations regarding the representative's submission of inaccurate information for business expenses, his submission of inaccurate and incomplete information about outside restaurant-related business activities, and his use of firm resources for those outside activities.

I deny the allegations set forth by Morgan Stanley. The firm terminated my employment in its rush to judgment, and for pretextual reasons, to distance itself from a lawsuit wholly unrelated to my position as a financial advisor and instead, related to my approved restaurant activities. I have filed a multi-million dollar claim against Morgan Stanley for its wrongful termination of my employment.

Claimants alleged, inter alia, misrepresentation with respect to investments - 2015 to 2018

$14,000,000.00

CUSTOMER ALLEGES THAT FINANCIAL ADVISOR MADE UNSUITABLE INVESTMENT RECOMMENDATIONS AND MADE MISREPRESENTATIONS ABOUT THE EXPECTED RETURN OF CLIENT'S PORTFOLIO.

$3,300,000.00

$350,000.00

WE SETTLED THIS MATTER FOR BUSINESS REASONS.