STATE OF ILLINOIS, ILLINOIS SECURITIES DEPARTMENT

RESPONDENT VIOLATED SECTIONS 12.A, F, G, I OF THE ILLINOIS SECURITIES LAW IN THAT RESPONDENT EXCESSIVELY TRADED THE INVESTOR'S TRADE ACCOUNT TO GENERATE EXCESSIVE COMMISSIONS AT THE DETRIMENT OF INVESTOR.

Stipulation and Consent

Prohibition

FINRA

RESPONDENT PETERSON FAILED TO RESPOND TO FINRA REQUEST FOR INFORMATION.

LETTER

Bar (Permanent)

All Capacities

Indefinite

1/21/2014

PURSUANT TO FINRA RULE 9552(H) AND IN ACCORDANCE WITH FINRA'S INTENT TO SUSPEND AND NOTICE OF SUSPENSION LETTERS DATED OCTOBER 18, 2013 AND NOVEMBER 12, 2013, RESPECTIVELY, ON JANUARY 21, 2014 PETERSON IS BARRED FROM ASSOCIATION WITH ANY FINRA MEMBER IN ANY CAPACITY. RESPONDENT FAILED TO REQUEST TERMINATION OF HIS SUSPENSION WITHIN THREE MONTHS OF THE DATE OF THE NOTICE OF INTENT TO SUSPEND; THEREFORE, HE IS AUTOMATICALLY BARRED FROM ASSOCIATION WITH ANY FINRA MEMBER IN ANY CAPACITY.

FINRA

FINRA BY-LAWS ARTICLE 5, SECTION 2(C), FINRA RULE 2010, NASD RULE 2110, INTERPRETATIVE MATERIAL 1000-1 - GARY PETERSON FAILED TO DISCLOSE MATERIAL INFORMATION ON HIS FORM U4.

Acceptance, Waiver & Consent(AWC)

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

$5,000.00

Suspension

ANY CAPACITY

30 DAYS

1/3/2011

2/1/2011

WITHOUT ADMITTING OR DENYING THE FINDINGS, PETERSON 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 ANY CAPACITY FOR 30 DAYS. THE SUSPENSION IS IN EFFECT FROM JANUARY 3, 2011 THROUGH FEBRUARY 1, 2011.