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.

Brad Niel Nussbaum (Principal)
2008012071301

Nussbaum failed to respond to FINRA requests for documents and information; and failed to honor an Arbitration Settlement Agreement.

Brad Niel Nussbaum: 

• for failure to respond to FINRA requests for documents and information: Barred 
• for failing to honor an Arbitration Settlement Agreement: Fined $10,000; and he is Suspended until the Settlement Agreement is paid or otherwise satisfied in full plus 30 business days thereafter but if he fails to so satisfy within 24 months of the decision, then the suspension converts to a Bar