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.

Lien Thi Huynh
AWC/2009018467001

Huynh forged her supervisor’s signature on one of his personal banking account checks, made the check payable to herself in the amount of $9,000, cashed the check without her supervisor’s knowledge or authority, and deposited the funds into her relative’s checking account, thereby misappropriating her supervisor’s funds and converting the funds for her personal benefit and use. The Huynh attempted to conceal her wrongdoing by writing “compensation/bonus quarter 1 and quarter 2” on the check’s “re:” line. The supervisor’s bank reimbursed him for the fraudulent transaction.

Lien Thi Huynh: Barred

Tags: Checks