Action against Respondent, an investment adviser representative, for alleged cherry-picking.  According to the SEC, Respondent placed orders in his omnibus account to buy securities for allocation to his client or personal accounts, but delayed the allocation of securities until after the trades were executed, and then allocated a disproportionate number of profitable trades to his personal accounts.  Respondent has agreed to pay disgorgement of $56,227.00 and prejudgment interest of $15,284.03.

SEC Order

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