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.

Dennis Dean Dorn
AWC/2007011414701

Dorn signed customers’ names to insurance-related documents in violation of his firm’s policy prohibiting registered representatives from signing or initialing documents on customers’ behalf, without exception. Some customers had authorized Dorn to sign their names, but others had not. Dorn signed a customer’s name to a letter representing that the customer had removed a wire-transfer machine from his business premises so that an insurance company would renew the customer’s policy, even though Dorn knew that the machine had not been removed and the customer had not authorized Dorn to sign his name on the letter. 

Dennis Dean Dorn: Fined $5,000; Suspended 15 months in all capacities