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.

Jerry Wayne LeBlanc Jr.
OS/2007010382601

LeBlanc borrowed $20,000 from a customer, signed a promissory note without prior written notice to his member firm and without obtaining pre-approval from the firm’s chief executive officer. LeBlanc never provided any notice, orally or in writing, to the firm concerning his borrowing arrangement with the customer and never complied with his payment obligations under the promissory note. LeBlanc falsely answered “no” on an annual firm certification form regarding borrowing money from a customer. 

Jerry Wayne LeBlanc Jr.: Fined $5,000; Suspended 13 months in all capacities