Integrated Financial Planning Services

Allegations: VIOLATIVE CONDUCT INCLUDED FAILURE TO ADEQUATELY SUPERVISE SYSTEMATIC INVESTMENT PLANS TO MILITARY SERVICE MEMBERS BY INDEPENDENT CONTRATORS AT REMOTE SITES, FAILURE TO SUPERVISE COMPLIANCE WITH DOD REGULATIONS, FAILURE TO ADEQUATELY SUPERVISE INDEPENDENT CONTRACTORS/REMOTE OFFICES, FAILURE TO ESTABLISH AN EFFECTIVE ANTI-MONEY LAUNDERING PROGRAM, FAILURE TO MAKE A TIMELY REPORT OF COMPLIANTS AND U4 UPDATES, FAILURE TO REPORT BRANCH OFFICES, FAILURE TO COMPLY WITH CONTINUING EDUCATION RULES, FAILURE TO SUPERVISE THE CONTENT OF THE FIRM'S WEB-SITES, AND FAILURE TO RETAIN ALL E-MAILS AND CERTAIN CUSTOMER ACCOUNT RECORDS. Status: Final Sanction Detail: BARRY SWANSON SUSPENDED FROM ACTING IN ANY PRINCIPAL CAPACITY WITH ANY FINRA MEMBER FOR A PERIOD OF 20 BUSINESS DAYS. THE SUSPENSION WAS IN EFFECT FROM OCTOBER 1 THROUGH OCTOBER 26, 2007. BARRY SWANSON WAS ALSO REQUIRED TO COMPLETE THE REGULATORY CONTINUING EDUCATION PROGAM S201, WHICH WAS COMPLETED ON FEBRUARY 13, 2008. IN ADDITION, BARRY SWANSON AND INTEGRATED FINANCIAL PLANNING SERVICES WERE FINED A COMBINED $90,000. THE FIRM ALSO HAD TO REVIEW, REVISE AND CERTIFY IN WRITING TO FINRA WITHIN 60 DAYS THAT THE FIRM'S WRITTEN SUPERVISORY PROCEDURES ARE REASONABLY DESIGNED TO COMPLIANCE WITH RESPECT TO ON-BASE SOLICITATION, CONTINUING EDUCATION, REPORTING AND ANTI-MONEY LAUNDERING REQUIREMENTS. Summary: N/A

Allegations: REVIEW PERIOD: MAY 2005 - MAY 2009. VIOLATIONS: DEFICIENT SUPERVISORY CONTROL PROCEDURES, FAILURE TO DOCUMENT USE OF AN ADEQUATE SYSTEM OF SUPERVISION OF PRODUCING MANAGERS AND REVIEW AND MONITOR OF TRANSMITTAL OF CUSTOMER FUNDS AND CHANGES OF ADDRESS, FAILURE TO MAINTAIN DOCUMENTATION OF ITS CEO CERTIFICATIONS FOR 2006 AND 2007, FAILURE TO DOCUMENT THE CORRESPONDING SUPERVISORY REPORT FOR 2006, 2007 AND 2008, INADEQUATE AML PROGRAM, INADEQUATE WRITTEN SUPERVISORY PROCEDURES, LATE REVIEW OF OFFICE LOCATIONS, FAILURE TO REVIEW NON-STANDARD LETTERHEAD AND BUSINESS CARDS USED BY CERTAIN REPRESENTATIVES, INADEQUATE DISCLOSURES ON PUBLIC WEB-SITES OF A FEW REPRESENTATIVES INCLUDING MISSING SIPC LINKS, FAILURE TO PROVIDE PRINCIPAL REVIEW OF A FEW ADVERTISING PIECES PRIOR TO USE, AND FAILURE TO DOCUMENT THE FACTORS CONSIDERED DURING ITS NEEDS ANALYSIS REVIEW FOR DEVELOPMENT OF A CONTINUING EDUCATION PROGRAM. Status: Final Sanction Detail: FIRM WAS FINED $32,500. FINE WAS PAID 7/24/2012. NO PORTION OF THE THE PENALTY WAS WAIVED. Summary: AWC WAS SIGNED BY THE FIRM ON 6/28/2012 AND SIGNED BY FINRA ON 7/16/2012.