South Florida Arbitration & Litigation Lawyer Blog
FINRA Securities Fraud and Mismanagement Arbitration Attorney, Russell L. Forkey, Esq.
February, 2011:
Michael Douglas Hanke (CRD #3158013, Registered Representative, Tampa, Florida, currently licensed with Ameriprise Financial Services, Inc. ) submitted a Letter of Acceptance, Waiver and Consent in which he was fined $2,500 and suspended from association with any FINRA member in any capacity for 10 business days. The fine must be paid either immediately upon Hanke’s reassociation with a FINRA member firm following his 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, Hanke consented to the described sanctions and to the entry of findings that he sent unapproved personal emails to customers guaranteeing them against future loss in their securities portfolio, although he later sent the customers an email withdrawing the guarantee.
The suspension was in effect from January 3, 2011, through January 14, 2011. (FINRA Case #2009016739701).