South Florida Arbitration & Litigation Lawyer Blog
Broker/Dealer and Investment Advisor Fraud and Misrepresentation FINRA Arbitration and Litigation Attorney, Russell L. Forkey, Esq.
December, 2010:
Li Kopp aka Sabrina Kopp, Li Guo, and Sabrina Guo (CRD #5096198, Registered Principal, Beijing, China) submitted a Letter of Acceptance, Waiver and Consent in which she was fined $7,500 and suspended from association with any FINRA member in any capacity for six months. The fine must be paid either immediately upon Kopp’s reassociation with a FINRA member firm following her suspension, or prior to the filing of any application or request for relief from any statutory disqualification, whichever is earlier. Without admitting or denying the findings, Kopp consented to the described sanctions and to the entry of findings that she engaged in an undisclosed outside business activity without providing prompt written notice to her member firm. The findings stated that Kopp, working with others, took steps to establish a business whose apparent purpose was to provide investment banking-related services to Chinese companies seeking access to United States capital markets.
The suspension is in effect from October 18, 2010, through April 17, 2011. (FINRA Case #2008015308001).