FINRA

FINRA RULE 2010: SEMPERTEGUI IMPERSONATED INSURANCE CUSTOMERS IN TELEPHONE CALLS WITH THE CUSTOMERS' PRIOR INSURANCE COMPANIES IN ORDER TO FACILITATE CERTAIN TRANSACTIONS, INCLUDING CANCELING PRIOR INSURANCE POLICIES AND/OR EXPEDITING REFUNDS. IN EACH INSTANCE, SEMPERTEGUI PLACED A TELEPHONE CALL TO THE PRIOR INSURANCE COMPANY, IDENTIFIED HIMSELF AS THE CUSTOMER, AND PROCEEDED TO IMPERSONATE THE CUSTOMER TO EFFECTUATE THE TRANSACTIONS IN QUESTION.

Acceptance, Waiver & Consent(AWC)

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

$5,000.00

Suspension

ALL CAPACITIES

30 BUSINESS DAYS

1/21/2014

3/4/2014

WITHOUT ADMITTING OR DENYING THE FINDINGS, SEMPERTEGUI CONSENTED TO THE DESCRIBED SANCTIONS AND TO THE ENTRY OF FINDINGS; THEREFORE, HE IS FINED $5,000 AND SUSPENDED FROM ASSOCIATION WITH ANY FINRA MEMBER IN ALL CAPACITIES FOR 30 BUSINESS DAYS. THE FINE IS DUE AND PAYABLE EITHER IMMEDIATELY UPON RE-ASSOCIATION WITH A MEMBER FIRM FOLLOWING HIS SUSPENSION OR PRIOR TO ANY APPLICATION OR REQUEST FOR RELIEF FROM ANY STATUTORY DISQUALIFICATION RESULTING FROM THIS OR ANY OTHER EVENT OR PROCEEDING, WHICHEVER IS EARLIER. THE SUSPENSION IS IN EFFECT FROM JANUARY 21, 2014, THROUGH MARCH 4, 2014. FINE PAID IN FULL ON 03/19/14.