In the Matter of Kipling Jones & Co., Ltd. and Robbi Julene Jones

Kipling Jones & Co., Ltd. and Robbi Julene Jones allegedly appealed an SEC Decision where the SEC affirmed findings and sanctions imposed by the NAC. The firm was fined for books and records and inaccurate FOCUS reports violations. The findings stated that the firm willfully violated Section 17(a) of the Exchange Act and Rules 17a-3 and 17a-5 thereunder by creating and maintaining inaccurate books and records and filing inaccurate FOCUS reports. The findings also stated that Jones caused the firm to create and maintain inaccurate books and records and to file inaccurate FOCUS reports. The findings also included that Jones provided false and misleading information, documents and testimony to FINRA and refused to respond to its questions during her on-the-record testimony.

Summary generated from official Financial Industry Regulatory Authority press release