Uyeda refused to appear for on-the-record testimony requested pursuant to FINRA Rule 8210 in connection with a FINRA investigation into whether Uyeda borrowed money from his customers. As a result, Uyeda violated FINRA Rules 8210 and 2010 and is barred from associating with any FINRA member in all capacities.

Basey paid two customers a total of more than $1,300 to settle complaints without her member firm’s knowledge or consent on three different occasions between July 2021 and June 2023. As a result, Basey violated FINRA Rule 2010. Stifel was initially unaware of these complaints or payments because Basey did not report them. Instead, Basey falsely stated in a November 2021 firm compliance questionnaire that she had not received any customer complaints in the past 12 months.