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.

Alexander Dobric
OS/2009016953101

Dobric day-traded futures contracts in his personal futures account with his member firm when, for the day-trading he effected, he needed to have approximately $3,200 in his account in order to meet his member firm’s internal day-trading margin requirements. Without authorization, Dobric made false entries in the firm’s computer system, manually increased his account balance, and placed trades for his own account that he otherwise would not have been able to make, causing the firm’s books and records to be false and inaccurate.

Alexander Dobric: Fined $5,000; Suspended 1 year