NOTE: Stipulations of Fact and Consent to Penalty (SFC); Offers of Settlement (OS); and Letters of Acceptance Waiver, and Consent (AWC) are entered into by Respondents without admitting or denying the allegations, but consent is given to the described sanctions & to the entry of findings. Additionally, for AWCs, if FINRA has reason to believe a violation has occurred and the member or associated person does not dispute the violation, FINRA may prepare and request that the member or associated person execute a letter accepting a finding of violation, consenting to the imposition of sanctions, and agreeing to waive such member's or associated person's right to a hearing before a hearing panel, and any right of appeal to the National Adjudicatory Council, the SEC, and the courts, or to otherwise challenge the validity of the letter, if the letter is accepted. The letter shall describe the act or practice engaged in or omitted, the rule, regulation, or statutory provision violated, and the sanction or sanctions to be imposed.

Jamaine Kwesi Aggrey
AWC/2010021167401

Aggrey took the Series 86 examination at a testing center, and prior to the commencement of the exam, represented electronically and in writing that he had reviewed and accepted the testing center’s Rules of Conduct, which provided, among other things, that he could not receive any form of assistance during the examination. During the examination, Aggrey took an unscheduled break, during which he left the testing room, went to his locker, and, in plain view of a test center employee, retrieved his self-prepared study notes that contained material relevant to the Series 86 examination. After testing center personnel confronted him, Aggrey returned the notes to his locker, returned to the testing room and completed the examination.

Jamaine Kwesi Aggrey : Fined $5,000; Suspended 2 years

Tags: Testing