January 21, 2016- St. Petersburg, FL
Michael William Hajek, III entered into a Letter of Acceptance Waiver and Consent (AWC) with the Financial Industry Regulatory Authority (FINRA) to resolve allegations that while he was registered with Genworth Financial Securities , Cetera Financial Specialists and NFP Securities, he was involved in numerous outside business activities in violation of NASD and FINRA Rules.
In addition to the undisclosed outside business activities, FINRA also alleged that Hajek participated in at least 12 private securities transactions effected in customer’s self directed IRAs totaling more than $2.3 million.
AWC No. 2013037390801
Hajek was fined $35,000 and suspended for 18 months.
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