Nelson submitted a Letter of Acceptance,Waiver and Consent in which he was suspended from association with any FINRA member in any capacity for three months. In light of Nelson’s financial status, no monetary sanction was imposed. Without admitting or denying the findings, Nelson consented to the described sanction and to the entry of findings that he participated in private securities transactions, outside the regular course and scope of his employment with his member firm for which he received no compensation, and failed to provide prior written notice to the firm of his proposed participation in these private securities transactions.

The suspension is in effect from January 19, 2010 through April 18, 2010.

(FINRA Case #2008012043101)