(FINRA Case #2012034719701)
Paul Eric Taboada (CRD #2033981, Old Brookville, New York) – The NAC (National Adjudicatory Council) Decision was appealed to the SEC. Taboada was barred from association with any FINRA member in any capacity.
The NAC affirmed the findings and sanction imposed by OHO(Office of Hearing Officers). The sanction was based on findings that Taboada misappropriated investor funds and securities by failing to return excess capital to investors and by failing to distribute to certain investors all of the shares in an initial public offering (IPO) to which they were entitled.