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.

Ryan Keith Hardy
AWC/2009018334401

Hardy misappropriated approximately $8,585 from bank customers’ accounts by closing their accounts and withdrawing their funds for his personal use, without their knowledge or permission. The Hardy informed the bank that he closed the accounts with the intention of opening new accounts so as to qualify for sales incentives, and maintained the customer funds in his desk at work and at his home. Hardy returned the monies to the customers whose funds he had still retained.

Ryan Keith Hardy : Barred

Tags: Bank