An AWC was issued in which De Ruosi was assessed a deferred fine of $5,000 and suspended from association with any FINRA member in all capacities for six months. Without admitting or denying the findings, De Ruosi consented to the sanctions and to the entry of findings that she willfully failed to timely amend her Form U4 to disclose a felony charge in connection with a motor vehicle incident. The findings stated that this felony charge was reduced to a misdemeanor, to which she pled guilty. The findings also stated that De Ruosi provided a false answer on her member firm’s annual compliance questionnaire by denying that she had been arrested, charged and arraigned for any criminal offense since her last submission to the firm. The suspension is in effect from September 18, 2017, through March 17, 2018. (FINRA Case #2015046161601)
