CRD of Floyd John Stumpf

BrokerCheck Report

FLOYD JOHN STUMPFCRD# 1371457

www.finra.org/brokercheck

2010 FINRA. All rights reserved. ~ FLOYD JOHN STUMPF

Dear Investor:FINRA has generated the followingBrokerCheck report for FLOYD JOHNSTUMPF. The information contained withinthis report has been provided by a FINRAmember firm(s) and securities regulators aspart of the securities industrys registrationand licensing process and represents themost current information reported to theCentral Registration Depository (CRD)system.

FINRA regulates the securities markets for theultimate benefit and protection of the investor.FINRA believes the general public shouldhave access to information that will help themdetermine whether to conduct, or continue toconduct, business with a FINRA member orany of the member's associated persons. Tothat end, FINRA has adopted a publicdisclosure policy to make certain types ofinformation available to you. Examples ofinformation FINRA provides on currentlyregistered individuals and individuals whowere registered during the past two yearsinclude: actions by regulators, investment-related civil suits, customer disputes thatcontain allegations of sales practice violationsagainst brokers, all felony charges andconvictions, misdemeanor charges andconvictions relating to securities violations,and financial events such as bankruptcies,compromises with creditors, judgments, andliens. FINRA also provides certain informationon individuals whose registrations terminatedmore than two years ago.

The information in this report is not the onlyresource you should consult. FINRA recommendsthat you learn as much as possible about theindividual broker or brokerage firm from othersources, such as professional references, localconsumer and investment groups, or friends andfamily members who already have establishedinvestment business relationships.

FINRA BrokerCheck is governed by federal law,Securities and Exchange Commission (SEC)regulations and FINRA rules approved by the SEC.State disclosure programs are governed by statelaw, and may provide additional information onbrokers and firms licensed by the state. Therefore,you should also consider requesting informationfrom your state securities regulator. Refer towww.nasaa.org for a complete list of statesecurities regulators.

Thank you for using FINRA BrokerCheck.

Using this site/information means that youaccept the FINRA BrokerCheck Terms andConditions. A complete list of Terms andConditions can be found atbrokercheck.finra.org

For additional information about the contents ofthis report, please refer to the User Guidance orwww.finra.org/brokercheck. It provides aglossary of terms and a list of frequently askedquestions, as well as additional resources.For more information about FINRA, visitwww.finra.org.



FLOYD JOHN STUMPF

CRD# 1371457

This individual is no longer registeredwith FINRA. The individuals registrationwith FINRA was terminated prior toAugust 1999 when the enhanced CRDsystem was implemented. As a result,since the individual was not required toupdate their CRD record via thesubmission of a Form U4 to CRD sinceAugust 1999, BrokerCheck contains onlylimited information about this individual.

Report Summary for this BrokerThe report summary provides an overview of the brokers professional background and conduct. The individualbroker, a FINRA-registered firm(s), and/or securities regulator(s) have provided the information contained in thisreport as part of the securities industrys registration and licensing process.

Broker Qualifications

This broker is not currently registered with aFINRA firm.

This broker has passed:

0 Principal/Supervisory Exams 2 General Industry/Product Exams 1 State Securities Law Exams

Registration History

This broker was previously registered withthe following FINRA member firms:

KOCHCAPITALCRD# 21038ISLANDIA NY05/30/1990 to 11/05/1990

OPPENHEIMER & CO., INC.CRD# 630FT. LAUDERDALE FL01/30/1989 to 03/28/1989

ALLIED CAPITAL GROUP, INC.CRD# 13146POMPANO BEACH FL03/08/1988 to 02/08/1989

Disclosure of Regulatory EventsThis section includes details regarding finalregulatory events reported by or about this brokerto CRD as part of the securities industryregistration and licensing process.

Are there events disclosed about this broker? Yes

The following type of disclosure was reported:

Regulatory Event

For additional registration details as reportedby the individual broker, refer to theRegistration History Section of this report.



Broker Qualifications

Industry Exams this Broker has Passed

This section includes all principal/supervisory, general product/industry, and/or state securities law exams that the broker has passed. Under certain, limitedcircumstances, a broker may receive a waiver of an exam requirement based on a combination of previous exams passed and qualifying work experience.Likewise, a new exam requirement may be grandfathered based on a brokers specific qualifying work experience. Information regarding instances of examwaivers or the grandfathering of an exam requirement are not included as part of the BrokerCheck report.

This individual has passed 0 principal/supervisory exams, 2 general industry/product exams, and 1 state securities law exam.

Additional information about the securities industrys qualifications and continuing education requirements, as well as the examinations administered by FINRA tobrokers and other securities professionals can be found at http://www.finra.org/Industry/Compliance/Registration/QualificationsExams/index.htm.

Exam Class Exam Name Category DateGeneral Industry/Product Exams National Commodity Futures Examination Series 3 7/26/1991

General Industry/Product Exams General Securities Representative Examination Series 7 6/15/1985

State Securities Law Exams Uniform Securities Agent State Law Examination Series 63 5/22/1985



Registration History

Previously Registered with the Following FINRA FirmsFINRA records show this broker previously held FINRA registrations with the following firms:

Registration Dates Firm Name CRD # Branch Location

05/30/1990 to 11/05/1990 KOCHCAPITAL 21038 ISLANDIA NY01/30/1989 to 03/28/1989 OPPENHEIMER & CO., INC. 630 FT. LAUDERDALE FL03/08/1988 to 02/08/1989 ALLIED CAPITAL GROUP, INC. 13146 POMPANO BEACH FL08/28/1987 to 03/16/1988 GRAYSTONE NASH, INC. 10635 POMPANO BEACH FL06/18/1985 to 08/19/1987 THE STUART-JAMES COMPANY, INC. 11691 BOCA RATON FL



Disclosure of Regulatory Events

Disclosures in BrokerCheck reports come from different sources:

Selfdisclosure: Brokers are required to answer a series of questions on their application requesting securitiesindustry registration (Form U4). For example, brokers are asked whether they have been involved in certainregulatory matters.

Regulator/Employer postings: In addition, regulators and firms that have employed a broker also may contributerelevant information about such matters. All of this information is maintained in CRD.

Certain Thresholds must be met before an event is reported to CRD; for example:

A regulatory agency must meet established standards before initiating a regulatory action and/or issuing sanctions.These standards typically include a reasonable basis for initiating the action after engaging in a fact-finding process.

Possible multiple reporting sources please note:

Disclosure event details may bereported by more than one source(i.e., regulator or firm). When thisoccurs, all versions of the reportedevent will appear in the firmsBrokerCheck report.

Disclosure Event Details

This report provides the information as it was reported to CRD by the individual broker, a member firm(s), and/or by securities industry regulators. Some of thespecific data fields contained in the report may be blank if the information was not provided to CRD.



Regulatory - FinalThis section provides information regarding a final, regulatory action that was reported to CRD by the individual broker, a member firm and/or a securitiesregulator. The event may include a final, formal proceeding initiated by a regulatory authority (e.g., a state securities agency, a self-regulatory organization, afederal regulator such as the SEC or the Commodity Futures Trading Commission (CFTC), or a foreign financial regulatory body) for a violation of investment-related rules or regulations.

Disclosure 1 of 3 ~ Entry 1 of 2

Reporting Source: Regulator

Details:U-6 ELECTRONICALLY ENTERED BY FL; TRANS #400006-07491

1. Action Codes: DOR

2. Action Date: 3/08/91

3. Proviso: Not Provided

4. Previously Reported: Yes

4a. Occurrence Number: 4

5. Initiated by: FLORIDA DIVISION OF SECURITIES AND IVNESTOR PROTECTION, BUREAU OF REGISTRATIONS.

6a. Docket/Case#: 1396-S-11/90

6b. Court Name/Location: Not Provided

7. Allegations: ON 3-8-91, THE STATE OF FLORIDA ENTERED A DEFAULT FINAL ORDER OF DENIAL IN THE MATTER OF THE SUBJECT INDIVIDUAL.

8. Results: THE ORDER SERVES AS A FINAL ORDER DENYING THE APPLICATION FOR REGISTRATION OF THE SUBJECT AS AN ASSOCIATEDPERSON OF KOCHCAPITAL AND WAS ENTERED BECAUSE THE SUBJECT FAILED TO TIMELY AND PROPERLY RESPOND TO THE STATE'S PREVIOUSDENIAL LETTER.

9. Subject Wanted for Prosecution: No

10. Summary: Not Provided




Reporting Source: Individual

Details:JDS 918-30992; Form U4; Full; BROKER/DEALER 17690

1. Questions: 22E2 22E4 22E5

2. Update: Yes

3. Initiated by: FLA. DIVISION OF SECURITIES

4. Type of Event/Proceeding: ADMINISTRATIVE

5. Date Initiated: 3-8-91

6. Docket/Case#: 1396-5-11/90

7. Allegations: ON 3/8/91 FL. ENTERED DEFAULT ORDER OF FINAL DENIAL

8a. Current Status: DENIAL OF REGISTRATION

8b. Status Date: 3/8/91

8c. Results: DENIAL OF APPLICATION OF REGISTRATION FAILURE TO TIMELY & PROPERLY RESPOND TO STATES PREVIOUS DENIAL LETTER


10. Attachments: Not Applicable



Details:

U-6 ELECTRONICALLY ENTERED BY IL; TRANS #400013-23590

1. Action Codes: DOR

2. Action Date: 8/01/90

3. Proviso: Not Provided

4. Previously Reported: Yes



4a. Occurrence Number: 3

5. Initiated by: ILLINOIS SECURITIES DEPARTMENT

6a. Docket/Case#: 9000143

6b. Court Name/Location: ILLINOIS

7. Allegations: ILLINOIS HAS ENTERED A FINAL ORDER WHICH DENIES THE ABOVE REFERENCED RESPONDENT APPLICATION FOR REGISTRATIONAS A SALESPERSON IN ILLINOIS. THIS ORDER MAKES FINAL A PRIOR SUMMARY ORDER OF DENIAL. RESPONDENT DID NOT REQUEST A HEARING.DENIAL IS BASED UPON REVOCATION BY THE STATE OF DELAWARE.

8. Results: ORDER OF DENIAL

9. Subject Wanted for Prosecution: No




Details:JDS 918-30992; Form U4; Full; BROKER/DEALER 17690

1. Questions: 22E2 22E4 22E5

2. Update: Yes

3. Initiated by: ILLINOIS SECURITIES DEPT

4. Type of Event/Proceeding: ADMINISTRATIVE

5. Date Initiated: 8/1/90

6. Docket/Case#: 9000143

7. Allegations: DENIAL BASED UPON REVOCATION BY STATE OF DELAWARE

8a. Current Status: ORDER OF DENIAL

8b. Status Date: 8/1/90

8c. Results: Not Provided


10. Attachments: Not Applicable





Details:5/6/89-FORM U6 (8111-10089) DISCLOSES: ON APRIL 6, 1989, THE DELAWARE SECURITIES COMMISSIONER ISSUED A SUMMARY ORDER OFSUSPENSION AND NOTICE OF INTENT TO REVOKE BROKER-DEALER AND AGENT REGISTRATIONS OF ALLIED CAPITAL GROUP, INC. AND FLOYD J.STUMPF, PENDING FINAL DETEREMINATION OF 62 VIOLATIONS OF THE DELAWARE SECURITIES ACT. THE NOTICE CHARGES ALLIED AND STUMPFWITH 16 VIOLATIONS OF 6 DEL. C. SECTION 7304 IN THE SALES OF UNREGISTERED SECURITIES TO DELAWARE RESIDENTS. ALLIED WAS ALSOCHARGED IN THE NOTICE WITH 16 VIOLATIONS OF 6 DEL. C. SECTION 7316(a)(10) IN FAILING TO SUPERVISE ITS AGENT, FLOYD J. STUMPF. INADDITION, THE NOTICE CHARGES FLOYD STUMPF WITH 16 VIOLATIONS OF 6 DEL.C. SECTION 7303, BY MAKING MATERIAL MISREPRESENTATIONSOF FACT AND MATERIAL OMISSIONS; IN 14 VIOLATIONS OF 6 DEL. C. SECTION 7316(a)(7), ENGAGING IN DISHONEST OR UNETHICAL PRACTICES,BY RECOMMENDING UNSUITABLE INVESTMENTS, FAILING TO PROVIDE INVESTORS WITH A PROSPECTUS, AND FAILING TO INQUIRE ABOUT THEIRINVESTMENT OBJECTIVES. RESPONDENTS HAVE THE RIGHT TO REQUEST THAT A HEARING IN THE MATTER BE SCHEDULED WITHIN 15 DAYS.DOCKET/CASE NO. 89-02-04, DATED APRIL 6, 1989.

2/7/90 AMENDED FORM U-6 (8010 01190) DISCLOSES: ON JUNE 26, 1989, THE STATE OF DELAWARE, THROUGH ITS COUNSEL, MOVED TO AMENDTHE SUMMARY ORDER OF SUSPENSION AND NOTICE OF INTENT TO REVOKE BROKER-DEALER AND AGENT REGISTRATIONS IN THE MATTER OFALLIED CAPITAL GROUP, INC. AND FLOYD J. STUMPF TO CONFORM TO THE EVIDENCE PRODUCED AT THE HEARING HELD ON JUNE 20 AND 21,1989. THE AMENDED NOTICE CHARGES ALLIED AND STUMPF WITH THE FOLLOWING: (1) VIOLATIONS OF 6 DEL. C., SECTION 7303, MATERIALMISREPRESENTATIONS OF FACT AND MATERIAL OMISSIONS; (2) 17 VIOLATIONS OF 6 DEL. C. SECTION 7316(a)(7), ENGAGING IN DISHONEST ORUNETHICAL PRATICES, BY RECOMMENDING UNSUITABLE INVESTMENTS, FAILING TO PROVIDE INVESTORS WITH A PROSPECTUS, FAILING TOINQUIRE ABOUT THEIR INVESTMENT OBJECTIVES, FAILING TO MAKE A REASONABLE INVESTIGATION PRIOR TO RECOMMENDING A SECURITY,FAILING TO EXERCISE DUE DILIGENCE IN CONNECTION WITH THE OFFER, SALE, AND PURCHASE OF A SECURITY, PURCHASING A SECURITYWITHOUT AN INVESTOR'S DIRECT AUTHORIZATION, AND MISREPRESENTING THE VALUE OF A SECURITY FOLLOWING ITS PURCHASE; (3) 17VIOLATIONS OF 6 DEL. C. SECTION 7316(a)(2), WILLFULLY VIOLATING AND FAILING TO COMPLY WITH PROVISIONS OF THE DELAWARE SECURITIESACT; AND (4) 2 VIOLATIONS OF 6 DEL. C., SECTION 7304 SALE OF AN UNREGISTERED SECURITY; CIP HOLDINGS, INC. ALLIED WAS ALSO CHARGEDWITH 17 VIOLATIONS OF DEL. C. SECTION 7316(a)(10), FAILURE TO SUPERVISE ITS AGENT, FLOYD J. STUMPF, AND 1 VIOLATION OF 6 DEL. C.SECTION 7315(c) AND RULE 14(a)(2), FAILURE TO REPORT TO THE NASD AND THE DELAWARE SECURITIES DIVISION THE EXISTENCE OF ANINJUNCTIVE ORDER ENTERED AGAINST ALLIED ON FEBRUARY 2, 1989, BY THE STATE OF NEW YORK. ON JUNE 30, 1989, ALLIED'S COUNSEL FILEDITS MOTION FOR JUDGMENT AND OBJECTIONS TO THE STATE'S MOTION. ON JULY 11, 1989, THE COMMISSIONER ISSUED AN OPINION AND ORDERWHICH GRANTED THE STATE'S MOTION TO AMEND THE SUMMARY ORDER OF SUPENSION AND NOTICE OF INTENT TO REVOKE BROKER-DEALERAND AGENT REGISTRATIONS.

ON JULY 14, 1989, FLOYD J. STUMPF CONSENTED TO THE ENTRY OF AN ORDER SUPENDING HIS AGENT REGISTRATION IN DELAWARE FOR APERIOD OF 18 MONTHS BEGINNING APRIL 6, 1989. PURSUANT TO THE STIPULATION AND CONSENT ORDER, STUMPF ADMITTED 9 VIOLATIONS OF6 DEL. C. S7316(a)(7), DISHONEST OR UNETHICAL BUSINESS PRACTICES, IN THAT HE RECOMMENDED UNSUITABLE INVESTMENTS AND FAILED TOMAKE A REASONABLE INVESTIGATION AND EXERCISE DUE DILIGENCE REGARDING THE SALE OF PENNY STOCKS OF DELAWARE AND MARYLANDRESIDENTS. STUMPF ALSO AGREED TO THE FOLLOWING TERMS: (1) NOT TO APPLY FOR REGISTRATION IN ANY CAPACITY UNDER THEDELAWARE SECURITIES ACT FOR A PERIOD OF 5 YEARS; (2) TO PAY PARTIAL RESTITUTION OF $24,000 TO 13 INVESTORS; AND (3) TO TESTIFY



FULLY AND TRUTHFULLY AT ANY HEARING BEFORE THE DELAWARE SECURITIES COMMISSIONER RELATING TO ALLIED CAPITAL GROUP, INC.,POWER SECURITIES CORPORATION, AND THEIR OFFICERS, DIRECTORS, AND MANAGERS. ON AUGUST 9, 1989, THE COMMISSIONER VACATEDTHE STIPULATION AND CONSENT ORDER BETWEEN THE STATE AND FLOYD STUMPF BASED ON STUMPF'S FAILURE TO PAY THE $24,000RESTITUTION. THE COMMISSIONER DEEMED STUMPF'S FAILURE TO MAKE RESTITUTION A MATERIAL VIOLATION OF THE AGREEMENT.THEREFORE, THE SUMMARY ORDER OF SUSPENSION ISSUED AGAINST STUMPF OF APRIL 6, 1989 WAS REINSTATED AND WILL CONTINUE UNTILTHE CONCLUSION OF THE ADMINISTRATIVE MATTER AND THE ISSUANCE OF THE COMMISSIONER'S DECISION. HEARINGS CONTINUED IN AUGUSTWITH REGARD TO CHARGES FILED AGAINST ALLIED CAPITAL GROUP, INC. AND FLOYD J. STUMPF. THE COMMISSIONER'S DECISION IN THEMATTER IS EXPECTED TO BE ISSUED IN JANUARY, 1990. DOCKET/CASE NO. 89-02-04, DATED 4/6/89.

3/27/90-AMENDED FORM U6 (8015-04090) DISCLOSES: ON JANUARY 16, 1990, THE DELAWARE SECURITIES COMMISSIONER PERMANENTLYREVOKED THE BROKER-DEALER REGISTRATION OF ALLIED CAPITAL GROUP, INC. AND THE AGENT REGISTRATION OF FLOYD J. STUMPF, AFORMER AGENT OF ALLIED WHO WORKED AT ALLIED'S POMPANO BEACH, FLORIDA OFFICE. THE COMMISSIONER FOUND THAT ALLIEDCOMMITTED 37 VIOLATIONS OF THE DELAWARE SECURITIES ACT BY ENGAGING IN DISHONEST AND UNETHICAL PRACTICES, SELLINGUNREGISTERED SECURITIES, AND FAILING TO SUPERVISE ITS AGENT. STUMPF WAS FOUND TO HAVE COMMITTED 44 VIOLATIONS OF THEDELAWARE SECURITIES ACT BY MAKING WILLFUL MISREPRESENTATIONS AND OMISSIONS OF MATERIAL FACTS IN CONNECTION WITH THE SALEOF SECURITIES, ENGAGING IN DISHONEST AND UNETHICAL PRACTICES, AND SELLING UNREGISTERED SECURITIES. IN ADDITION TO THELICENSE REVOCATIONS, ALLIED WAS FINED $37,000 AND STUMPF WAS FINED $44,000. ALLIED AND STUMPF HAVE THE RIGHT TO APPEAL THECOMMISSIONER'S DECISION WITHIN 60 DAYS OF THE DATE OF THE ORDER. DOCKET/CASE NO. 89-02-04, DATED JANUARY 16, 1990.



Details:1. Questions: 22E1 22E2 22E3 22E4 22E5

2. Update: Yes

3. Initiated by: STATE OF DELAWARE - SECURITIES COMMISSION

4. Type of Event/Proceeding: STATE ADMINISTRATIVE

5. Date Initiated: 10-10-89

6. Docket/Case#: CASE #89-02-04

7. Allegations: FAILURE TO DO PROPER DUE DILIGENCE; RECOMMENDATION OF UNSUITABLE INVESTMENT ALLEGED DAMAGES APPROXIMATELY$100,000.

8a. Current Status: SETTLED

8b. Status date: 1-16-90

8c. Results: LICENSED REVOKED IN DELAWARE AND $44,000 FINE IMPOSED



9. Summary: THIS PAE IS AN AMENDMENT TO TH EARLIER DRP TO CLARIFY THAT MY HEARING WAS A STATE COMPLAINT AND NOT ANINDIVIDUALIZED CUSTOMER COMPLAINT. I MARKED 22H1 & 22H2 IN ERROR LAST TIME. THEY SHOULD BE "NO."



About this BrokerCheck Report

BrokerCheck reports are part of a FINRA initiative to disclose information about FINRA-registered firms and individual brokers to help investors determine whether toconduct, or continue to conduct, business with these firms and brokers. The information contained within these reports is collected through the securities industrysregistration and licensing process.

Who provides the information in BrokerCheck?Information made available through BrokerCheck is obtained from CRD as reported through the industry registration and licensing process.

The forms used by brokerage firms, to report information as part of the firms registration and licensing process, Forms BD and BDW, are established by the SEC andadopted by all state securities regulators and SROs. FINRA and the North American Securities Administrators Association (NASAA) establish the Forms U4 and U5, theforms that are used for the registration and licensing process for individual brokers. These forms are approved by the SEC. Regulators report disciplinary information forfirms and individual brokers via Form U6.

How current is the information contained in BrokerCheck?Brokerage firms and brokers are required to keep this information accurate and up-to-date (typically not later than 30 days after learning of the event). BrokerCheck datais updated when a firm, broker, or regulator submits new or revised information to CRD. Generally, updated information is available on BrokerCheck Monday throughFriday.

What information is NOT disclosed through BrokerCheck?Information that has not been reported to CRD or that is not required to be reported is not disclosed through BrokerCheck, such as vacated regulatory actions.

Additional information not disclosed through BrokerCheck includes Social Security Numbers, residential history information, and physical descriptive information. On acase-by-case basis, FINRA reserves the right to exclude information that contains confidential customer information, offensive and potentially defamatory language orinformation that raises significant identity theft or privacy concerns that are not outweighed by investor protection concerns. FINRA Rule 8312 describes in detail whatinformation is and is not disclosed through BrokerCheck.

Under FINRAs current public disclosure policy, in certain limited circumstances, most often pursuant to a court order, information is expunged from CRD. Furtherinformation about expungement from CRD is available in FINRA Notices 99-09, 99-54, 01-65, and 04-16 at www.finra.org.

For further information regarding FINRAs BrokerCheck program, please visit FINRAs Web Site at www.finra.org/brokercheck or call the FINRA BrokerCheck Hotline at(800) 289-9999. The hotline is open Monday through Friday from 8 a.m. to 8 p.m., Eastern Time (ET).

For more information about the following, select the associated link: About BrokerCheck Reports: http://www.finra.org/brokercheck_reports Glossary: http://www.finra.org/brokercheck_glossary Questions Frequently Asked about BrokerCheck Reports: http://www.finra.org/brokercheck_faq Terms and Conditions: http://brokercheck.finra.org/terms.aspx

Documents

CRD of Floyd John Stumpf