D/W Financial Consultants Llc

Allegations: ALLEGATIONS: NASD RULES 2110, 2370: WHITE BORROWED $100,000 FROM A CUSTOMER ON AN UNSOLICITED BASIS. WHEN HIS MEMBER FIRM'S POLICIES PROHIBITED REPRESENTATIVES FROM BORROWING MONEY FROM A CUSTOMER; MOREOVER, THE BORROWING ARRANGEMENT DID NOT MEET THE CONDITIONS SET FORTH IN NASD CONDUCT RULE 2370(A)(2) WHITE DID NOT DISCLOSE TO THE FIRM THAT HE HAD BORROWED MONEY FROM A CUSTOMER. AWC. SUSPENDED FROM ASSOCIATION WITH ANY FINRA MEMBER IN ANY CAPACITY FOR 60 DAYS FROM 3/1/10 TO 4/29/10 AND FINED $5,000. FINE IS DUE AND PAYABLE EITHER IMMEDIATELY UPON RE-ASSOCIATION WITH A MEMBER FIRM FOLLOWING HIS SUSPENSION OR PRIOR TO ANY REQUEST FOR RELIEF FROM ANY STATUTORY DISQUALIFICATION RESULTING FROM THIS OR ANY OTHER EVENT OR PROCEEDING, WHICHEVER IS EARLIER. Status: Final Sanction Detail: SUSPENSION - ALL CAPACITIES - 60 DAYS - 03/01/2010 TO 04/29/2010 Summary: WITHOUT ADMITTING OR DENYING THE FINDINGS, WHITE CONSENTED TO THE DESCRIBED SANCTIONS AND TO THE ENTRY OF FINDINGS; THEREFORE, HE IS FINED $5000 AND SUSPENDED FROM ASSOCIATION WITH ANY FINRA MEMBER IN ANY CAPACITY FOR 60 DAYS. THE FINE IS DUE AND PAYABLE EITHER IMMEDIATELY UPON RE-ASSOCIATION WITH A MEMBER FIRM FOLLOWING HIS SUSPENSION OR PRIOR TO ANY REQUEST FOR RELIEF FROM ANY STATUTORY DISQUALIFICATION RESULTING FROM THIS OR ANY OTHER EVENT OR PROCEEDING, WHICHEVER IS EARLIER. THE SUSPENSION IS IN EFFECT FROM MARCH 1, 2010, THROUGH APRIL 29, 2010.