FC Investor
World Wide Web

Name

Residence

What

Why

Date

Valdejueza, Neilson Ojastro

San Francisco, California

Barred

Valdejueza deposited cash in varying amounts to his personal bank account at an automated teller machine (ATM) and each time falsely represented the amount of the deposit by adding zeros to the deposit amount when entering it on the ATM keypad.

May 2007

Valenzuela, Marcus Rodney

Plantation, Florida

Barred

He effected securities transactions in the accounts of public customers without the prior authorization, knowledge or consent of the customers.

October 2005

Valqui, Omar Rene

Pembroke Pines, Florida

Barred

Pursuant to NASD Rule 9552(h)

April 2007

Valois, Anthony Peter

Staten Island, New York

Barred from supervisory capacity

He failed to reasonably supervise registered representatives' activities, and failed to enforce his member firm's written supervisory procedures regarding heightened representative supervision and the handling

March 2006

Van der Merwe, Carl

Selah, Washington

Barred

He created false and inaccurate books and records by falsifying expense reports reflecting $96,000 in personal and duplicate expenditures as legitimate business expenditures, and provided violative gifts and gratuities to municipal bond traders and other employees of municipal securities broker-dealer firms with whom he conducted business.

March 2006

Van, John

Clifton Park, NY

Barred

He knowingly charged fraudulent and excessive mark-ups on Treasury Notes to a disabled customer and for making misrepresentations to the customer's attorney. NASD found that a custodial account was opened at Murphy Van Securities, Inc., for a completely incapacitated individual in a vegetative state who had received a multi-million dollar settlement in connection with a medical malpractice lawsuit. Approximately $3.3 million from the malpractice settlement was deposited in the custodial account. NASD's investigation revealed that in obtaining the account, Van misrepresented to the customer's counsel that transaction fees would not exceed 1 percent. In fact, he began charging transaction fees in the form of mark-ups ranging from 2.936 percent to 3.054 percent. NASD found that Van knowingly charged fraudulent and excessive mark-ups on three U.S. Treasury Note transactions that had an aggregate value of approximately $3.3 million. The fraudulent and excessive markups on those transactions totaled approximately $64,000.

January 2005

VanGrouw, Edward Martin

Fairlawn, NJ

2-Year Suspension

VanGrouw obtained contingent deferred sales charge waivers for customers selling Class B mutual fund shares by falsely claiming that the customers were disabled.

February 2008

Varley, Daniel J.

Munhall, Pennsylvania

Barred

Varley made false entries into his member firm's internal customer relationship system that reflected he had had several contacts with a client regarding the client's preceding purchase of mutual funds through an external wholesaler when, in fact, those contacts had not occurred. The findings stated that, based on the purported contacts, Varley would have been entitled to receive compensation in connection with the purchase if the firm had not discovered that the entries were false.

April 2007

Varone, Flavio Guido

Chesterland, OH

Complaint Filed

Varone was named as a respondent in an NASD complaint alleging that he received checks totaling $254,830.30 from public customers to be invested on their behalf but instead,failed to follow the customers' instructions and used the funds for some purpose other than the benefit of the customers without their knowledge and consent. The complaint alleges that Varone failed to respond to NASD requests for documents and information.

September 2007

Vasquez, Manuel

Bronx, New York

Censure and fifteen month bar.

Violated NYSE Rule 476(a)(6) by making a misstatement on an employment application filed with his member firm employer.

February, 2007

Vasquez, Tracy Mahealani

Kapolei, Hawaii

Barred

Vasquez consented to the described sanction and to the entry of findings that she obtained possession of approximately $24,000, representing proceeds of matured certificates of deposits belonging to public customers, and converted the funds to her own use and benefit.

February 2006

Vaughan, Otto Keith (Jr.)

Aurora, Colorado

Barred

Vaughan consented to the described sanctions and to the entry of findings that, while acting as trustee for a trust, he purchased a condominium for himself using $75,000 that he borrowed from one of the trust's accounts, and did not disclose this loan to the trust's beneficiaries. The findings stated that Vaughan withdrew an additional $247,000 from the trust's bank accounts and used the funds to pay for personal expenses, and failed to keep any records or documents detailing such withdrawals. The findings also stated that Vaughan failed to provide the beneficiaries with an account containing details of all disbursements from the trust assets, and kept no records detailing the amount of fees he paid to himself.

May 2006

Vaughn, Ronald

Voorhees, New Jersey

Barred

Vaughn falsely represented to an insurance companythat a public customer had not received $74,240.41 due to him from the liquidation of his fixed annuity when in fact, the customer had received the payment and used these proceeds to purchase a fixed annuity through another insurance company. The findings stated that the insurance company mailed a second check to Vaughn, who forged the customer's endorsement to the check and deposited the check to his personal bank account, thereby converting the funds to his own use and benefit. The findings also stated that Vaughn failed to respond to NASD requests to appear for an on-the-record interview. The findings also included that Vaughn willfully failed to amend his Form U4 to disclose material information.

July 2007

Vaughey, Andrew Barrett

Seattle, Washington

2-Year Suspension

By the use of instrumentalities of interstate commerce or the mails, he intentionally or recklessly employed devices to defraud public customers and their registered representative by making untrue statements of material facts and/or omitting to state material facts necessary to make the statements made by him, in light of the circumstances in which they were made, not misleading.

June 2005

Velasco, Michael G.

Basking Ridge, New Jersey

2-Year bar

Velasco engaged in fraudulent conduct and conduct inconsistent with just and equitable principles of trade in connection with the market timing of mutual fund shares.

December 2006

Veltman, Donald Glenn

Belding, Michigan

Barred

He received $957 from a public customer for investment purposes and did not use the funds as the customer intended, thereby misusing the customer's funds.

March 2006

Verdiglione, Thomas J.

Unknown

Consent to censure and permanent bar from employment in any capacity on the Floor of the NYSE and from functioning in any capacity as specialist or supervisor thereof.

Violated NYSE Rule 92 by effecting Interpositioning and Trading Ahead transactions in certain securities for his member firm's dealer account while there were unexecuted customer orders to buy (or sell) such securities which could have been executed at the same price; violated NYSE Rule 104 by effecting trades for his member firm's dealer account that were not reasonably necessary to maintain a fair and orderly market and failing to effectively represent and execute agency orders entrusted to him and his firm; violated NYSE Rule 123B(d) by failing to execute certain customer orders in accordance with NYSE auction market rules and procedures, including requirements to cross and execute customer orders against each other before buying or selling for the firm's dealer account; caused violation of NYSE Rule 54 by permitting individuals who were not members of NYSE to consummate transactions or otherwise transact business in certain securities on Floor.

February, 2007

Vesely, Kenneth Scott

North Woodmere, New York

Barred

Pursuant to NASD Rule 9552 (h)

November 2005

Vestuti, Ralph Louis (Jr.)

Charlotte, North Carolina

2-Year Suspension

He effected purchase transactions and sell transactions for his own benefit in an error account of his member firm. The findings also stated that he was not authorized to conduct transactions in his account but he did so because he did not have funds to pay for the transactions.

May 2005

Villarreal, Josue Amaro

Dallas, TX

Complaint Filed

Villarreal was named as a respondent in a FINRA complaint alleging that he received $6,083.05 from public customers to pay for their policy premiums, and converted the funds to his own use and benefit. The complaint alleges that Villarreal failed to respond to FINRA requests for information.

April 2008

Visconti, Michael

College Point, New York

Barred

Pursuant to NASD Rule 9552(h)

April 2006

Vitale, Robert John

Parkland, Florida

Barred

He participated in fraudulent and deceptive devices and contrivances involving trading in stocks through the use of interstate commerce, the mails, or a facility of a national securities exchange. NASD also found that Vitale failed to appear and testify as requested by NASD.

April 2005

Vitetta, Joseph Gerald

Sea Bright, New Jersey

Barred

Vitetta consented to the described sanctions and to the entry of findings that he made an unsuitable recommendation to a public customer that resulted in a large surrender charge and a forfeiture of a death benefit. The findings stated that Vietta misappropriated/misused $37,000 from a public customer. The findings also stated that Vietta failed to disclose information on his Form U4.

August 2006

Vo, Duc Trong Huynh

Glen Allen, VA

Barred

Vo received a $8,000 check from a public customer for investment purposes and instead of investing the funds, he deposited the check into his personal bank account, therebyconverting the funds for his own use and benefit.

February 2008

Vogt, Donna

Cambellsport, WI

Barred

Vogt recommended unsuitable mutual fund and variable annuity purchases to elderly or retirement age customers, and made misleading statements to customers in correspondence.

April 2007

Volnek, Daniel Duane

Lincoln, Nebraska

Barred

November 2005

Von Kanel, Michael Allen

Birmingham, Alabama

Barred

He participated in private securities transactions without providing prior written notice to his member firm. In addition, NASD found that he failed to disclose material information on his Form U4. The findings also stated that he falsified documents in order to obtain public customer funds for investment in private securities transaction by creating loan requests without the knowledge or authority of the customers.

May 2005

Vonduhn, Kimberly A.

Unknown

Censure and permanent bar.

Violated Exchange Rule 476(a)(7) by committing felonies of forgery and theft with elderly specification; violated Exchange Rule 477 by failing to comply with request for written information.

September 19, 2005

Vricella, Dominic Joseph

Medford, NJ

Barred

Vricella engaged in private securities transactions without prior written notice to, or prior written approval from, his member firm. The findings stated that Vricella settled a customer complaint without his member firm's knowledge or approval. The findings also stated that Vricella failed to reasonably supervise a registered representative engaged in private securities transactions to prevent his violations and achievecompliance with applicable securities rules, regulations and NASD rules.

February 2008

Vroom, Matthew C.

Unknown

Consent to censure and permanent bar.

Misappropriated customer funds; submitted forged documentation to his employer; caused a violation of Exchange Rule 440 and SEC Rules 17a-3 and17a-4 by creating inaccurate books and records.

January 25, 2005

Vuagniaux, Ashley Renee

Springfield, MO

Barred

Vuagniaux made unauthorized charges of $7,316.17 on the credit card of her direct supervisor's business and made unauthorized money transfers from the business'credit line account to the business' bank account and wrote unauthorized checks totaling $3,150 from that account payable to herself, which she cashed.

November 2007

Vuksanaj, Tomy

New Rochelle, New York

Complaint Filed

Named as a respondent in an NASD complaint alleging that he converted $83,600 from public customers' accounts by forging their signatures on falsified bank account withdrawal slips without their knowledge, authorization or consent.

February, 2007

Vullo, Bernard

Staten Island, New York

Barred

Violated NYSE Rule 476(a)(6) by misappropriating funds belonging to member firm employer; violated NYSE Rules 476(a)(11) and 477 by failing to comply with or respond to written requests that he submit a written explanation regarding certain matters that occurred prior to termination of his employment.

August 2006