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.

Carla Wendy Cooper
AWC/2010023825201

Cooper forged a LOA for a customer by copying the customer’s signature from another document and pasting it on the LOA. Cooper used the forged LOA to authorize the transfer of assets from the customer’s account into another customer’s account, which was a trust account Cooper’s relatives’ controlled. Based on the forged LOA, Cooper’s member firm transferred securities valued at $19,632.35 from the customer’s account into the other account without the customer’s knowledge or authorization.

Carla Wendy Cooper : Barred

Tags: Forgery  LOA