NEAL S. SMALBACH

07/18/2011: FINANCIAL INDUSTRY REGULATORY AUTHORITY OFFICE OF HEARING OFFICERS Department of Enforcement, Complainant, v. Neal Smalbach (CRD No. 1459854) Respondent. DISCIPLINARY PROCEEDING No. 2010021972801 COMPLAINT The Department of Enforcement alleges: SUMMARY 1. In 2007 and 2008 while employed as a registered representative at GunnAllen Financial Inc. ("GunnAllen" or the "Firm"), Smalbach fraudulently misrepresented the risks and omitted material facts, sold unsuitable investments and falsified Firm records in

12/07/2011: FINANCIAL INDUSTRY REGULATORY AUTHORITY OFFICE OF HEARING OFFICERS Department of Enforcement, Complainant, v. Neal Smalbach (CRD 1459854) Respondent. Disciplinary Proceeding No.2010021972801 Hearing Officer: MC ORDER ACCEPTING OFFER OF SETTLEMENT Date: December 7, 2011 INTRODUCTION Disciplinary Proceeding No. 2010021972801 was filed on July 18, 2011, by the Department of Enforcement of the Financial Industry Regulatory Authority (FINRA) (Complainant). Respondent submitted an Offer of Settlement (Offer) to

Reference 2010021972801data-portal.finra.orgfinra.orgdata-portal.finra.org

04/13/2009: FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER AND CONSENT NO. 2008013868801 TO: Department of Enforcement Financial Industry Regulatory Authority ("FINRA") RE: Neal S. Smalbach, Respondent General Securities Principal CRD No. 1459854 Pursuant to FINRA Rule 9216 of FINRA's Code of Procedure, I, Neal S. Smalbach, submit this Letter of Acceptance. Waiver and Consent ("AWC")

Reference 2008013868801data-portal.finra.orgfinra.org