FINRA

Respondent Rand failed to comply with an arbitration award or settlement agreement or to satisfactorily respond to a FINRA request to provide information concerning the status of compliance.

Letter

Suspension

All capacities

Indefinite

Continues until required payment is made or discharged.

2/5/2025

Pursuant to Article VI, Section 3 of FINRA By-Laws, and FINRA Rule 9554, Respondent Rand is suspended on February 5, 2025 for failure to comply with an arbitration award or settlement agreement or to satisfactorily respond to a FINRA request to provide information concerning the status of compliance.

FINRA

Without admitting or denying the findings, Rand consented to the sanction and to the entry of findings that she refused to produce documents and information requested by FINRA in connection with an investigation originated from a Form U5 filed by her member firm. The findings stated that the Form U5 disclosed that the firm discharged Rand for failures to report a judgment and comply with a heightened plan.

Acceptance, Waiver & Consent(AWC)

Bar (Permanent)

All capacities

Indefinite

10/1/2024

I VOLUNTARILY AND PROACTIVELY CONTACTED FINRA TO LET THEM KNOW THAT I WOULD NOT BE RESPONDING TO THEIR QUESTIONS BECAUSE THEY WERE PERSONAL IN NATURE AND BECAUSE I HAD OPTED TO REMOVE MY SERIES 7 LICENSE. I EXPLAINED TO FINRA THAT I HAD NOT CHARGED COMMISSIONS FOR MANY YEARS, AND I NO LONGER REQUIRE A SERIES LICENSE TO CONDUCT BUSINESS.

INTERNATIONAL ASSETS ADVISORY, LLC

Discharged

Failure to report Judgement. Failure to comply with heightened plan.

I DID REPORT MY JUDGEMENT. IT WAS REPORTED ON 12/17/2021 AS PER MY BROKERCHECK RECORD. I FULLY COMPLIED WITH THE HEIGHTENED PLAN, AND IN A TIMELY MANNER.

Merrill Lynch, Pierec, Fenner & Smith Incorporated

Voluntary Resignation

Conduct including conducting business in a State without proper registration and using a personal device to communicate with a client.

$226,308.84

Tax

MS. RAND AND HER CPA BELIEVE THE LIEN WAS FILED IN ERROR AND AS OF LAST CORRESPONDENCE ARE WORKING WITH IRS TO HAVE IT REMOVED.

Bankruptcy

Dismissed

$6,014,018.00

Civil

Morgan Stanley Smith Barney

Discharged

Allegations involving the representative's misuse of telephone caller identification information in a call to a client and the representative's providing incomplete and inaccurate information in connection with the Firm's internal reviews of her activities.