Leslie Rhodes Koonce (CRD #1131758, Menlo Park, California).
December 14, 2017 – An AWC was issued in which Koonce was barred from association with any FINRA member in all capacities. Without admitting or denying the findings, Koonce consented to the sanction and to the entry of findings that he participated in several private securities transactions without providing prior written notice to his member firm. The findings stated that among other things, Koonce solicited at least 30 prospective investors (including several firm customers) to invest in convertible promissory notes being offered by a private company, sent the prospective investors information about the private company from his firm email account, took part in arranging meetings where prospective investors could meet with representatives of the private company to obtain additional information, facilitated the movement of funds for three firm customers so they could make investments in the convertible promissory notes aggregating $175,000, and he ultimately invested $50,000 of his own money in the convertible promissory notes. Separately, Koonce personally invested $50,000 to purchase shares of stock in a second private company. The findings also stated that Koonce completed firm compliance questionnaires in which he falsely denied participating in private securities transactions during the months since completing his previous questionnaire. The findings also included that Koonce provided false responses to FINRA requests for information during its investigation of this matter. Koonce has been affiliated with the following securities broker dealers: EK RILEY INVESTMENTS, LLC (CRD# 121003) 2015 – 2017 (1 year) CETERA ADVISOR NETWORKS LLC (CRD# 13572)2015 – 2015 (<1 year) LPL FINANCIAL LLC (CRD# 6413)2009 – 2015 (6 years) ASSOCIATED SECURITIES CORP. (CRD# 12969). (FINRA Case #2015048088401). See, https://www.finra.org/sites/default/files/fda_documents/2015048088401%20Leslie%20Koonce%20CRD%201131758%20AWC%20jm.pdf%20REDACTED.pdf.