- 2008
Respondent was the Chief Compliance Officer at John Dawson & Associates. He consented to the reallocation of favorable trades from certain JDAI accounts to accounts in the name of his mother and brother at JDAI, knowing that these trades were not initiated or authorized by his mother or brother and were allocated after-the-fact. The scheme served to transfer funds to his family at the expense of the firm and/or other customers to which the profits should have legitimately been allocated. Respondent was also criminally convicted for this conduct.
