RALPH MERHI

03/14/2006: NASD OFFICE OF HEARING OFFICERS DEPARTMENT OF ENFORCEMENT, Complainant v. RALPH MERHI (CRD No. 3094962), Respondent. Disciplinary Proceeding No. E072004044201 Hearing Officer-RSH DEFAULT DECISION March 14, 2006 Respondent made excessive trades in a customer account, in violation of NASD Conduct Rules 2310 and 2110 and IM-2310-2(b)(2), and exercised discretion in a customer account without having written discretionary authority, in violation of Conduct Rules 2510(b) and 2110.

10/25/2005: NASD OFFICE OF HEARING OFFICERS Department of Enforcement, Complainant, v. Ralph Merhi CRD No. 3094962 Respondent. Disciplinary Proceeding No. E072004044201 Hearing Officer: COMPLAINT Upon information and belief, Complainant alleges as follows: 1. Respondent Merhi entered the securities industry in July 1998 with an NASD member, and became registered as a general securities representative in August 1998, He was registered as a general securities representative with Newbridge Securities Corporation

02/16/2007: BEFORE THE NATIONAL ADJUDICATORY COUNCIL NASD In the Matter of DECISION Department of Enforcement, Complainant, vs. Ralph Merhi Boca Raton, Florida, Respondent. Complaint No. E072004044201 Dated: February 16, 2007 Respondent traded excessively in a customer account and exercised discretion without having prior written authorization. Held, findings and sanctions affirmed. Appearances For the Complainant: Leo F. Orenstein, Esq., Dept. of Enforcement, NASD For the Respondent: Pro Se

Reference E072004044201data-portal.finra.orgdata-portal.finra.orgdata-portal.finra.orgfinra.org