BEFORE THE NATIONAL ADJUDICATORY COUNCIL FINANCIAL INDUSTRY REGULATORY AUTHORITY In the Matter of Department of Enforcement, Complainant, vs. Kapil Maheshwari Clark, NJ, Respondent. DECISION Complaint No. 2017055608101 December 17, 2020 Respondent misused confidential information concerning a corporate acquisition. Held, findings and sanctions affirmed. Appearances For the Complainant: Michael Rogal, Esq., Samir Ranade, Esq., Department of Enforcement, Financial Industry Regulatory Authority For the Respondent: Robert Heim, Esq.