RALPH DREW KISTLER is currently employed as a Broker and/or Investment Adviser at HEFREN-TILLOTSON, INC. located at 308 SEVENTH AVENUE, PITTSBURGH, PA, 15222.
RALPH DREW KISTLER has worked at HEFREN-TILLOTSON, INC. since September 03, 1980
RALPH DREW KISTLER has 5 Disclosure Event(s).
Date: March 23, 1988 Category: Regulatory
Date: December 16, 1980 Category: Regulatory Initiated By: PHILADELPHIA STOCK EXCHANGE Resolution: Decision & Order of Offer of Settlement SanctionDetails: Sanctions: Suspension Broker Comment: THE CONCLUSIONS WERE THAT RESPONDENTS, SIMPSON-EMERY AND KISTLER WERE TO HAVE BEEN FOUND IN VIOLATION OF EXCHANGE RULES 760 AND SEC RULE 17A-3; SEC RULE 17A-11; EXCHANGE RULE 711 AND SEC RULE 17A-5; AND EXCHANGE RULE 703 AND SEC RULE 15C3-1. KISTLER WAS SUSPENDED FROM ASSOCIATION WITHTHEEXCHANGE FOR TWO YEARS IN ANY SUPERVISORY CAPACITY; AND KISTLER IS NOT TO SIGN, PREPARE OR ATTEST TO THE ACCURACY OF ANY FINANCIAL REPORTS FILED BY ANY MEMBER ORGANIZATIONS OF THE EXCHANGE WITH ANY REGULATORY ORGANIZATION, FOR TWO YEARS.
Date: March 03, 1980 Category: Civil
Date: November 21, 1979 Category: Regulatory Initiated By: NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. Resolution: Decision SanctionDetails: Sanctions: Censure Broker Comment: U4 DISCLOSES THAT ON JUNE 25, 1979, DISTRICT BUSINESS CONDUCT COMMITTEE FOR DISTRICT NUMBER 11, FILED A COMPLAINT AGAINST SIMPSON, EMERY & COMPANY, INC, MEMBER; AND R. DREW KISTLER WAS LISTED AS A RESPONDENT, IN COMPLAINT NUMBER P-465. THE DECISION DATED NOVEMBER 21, 1979, STATES THAT THE COMPLAINT WAS STATED IN A SINGLE CAUSE ALLEGING THAT: "ON OR ABOUT MARCH 14, 1979, RESPONDENT SIMPSON, EMERY & COMPANY, INC., ACTING THROUGH RESPONDENT R. DREW KISTLER, PURCHASED AT 40 CENTS PER SHARE, 135,550 SHARES OF COMMON STOCK OF CONSOLIDATED PUBLISHING INC., A CALIFORNIA CORPORATION, FROM STEVEN M. BERNARD, PRESIDENT OF CONSOLIDATED PUBLISHING, INC., AND BIBI BESCH PEARSON. DURING MARCH AND APRIL, 1979 RESPONDENT MEMBER SOLD AS PRINCIPAL AT 50 CENTS PER SHARE AT LEAST 103,550 SHARES OF THE COMMON STOCK OF CONSOLIDATED PUBLISHING, INC. TO PUBLIC CUSTOMERS. SUCH SALES TO PUBLIC CUSTOMERS WERE MADE BY USE OF THE MAILS WHEN NO REGISTRATION STATEMENT WAS IN EFFECT WITH RESPECT TO THE SHARES SOLD, IN VIOLATION OF 5(A) OF THE SECURITIES ACT OF 1933." "DURING THE COURSE OF EFFECTING THE DISTRIBUTION DESCRIBED...ABOVE, RESPONDENT SIMPSON, EMERY & COMPANY, INC. MADE A MARKET IN AND BID FOR THE COMMON STOCK OF CONSOLIDATEDPUBLISHING, INC. IN VIOLATION OF SEC RULE 10B-6." "THE AFORESAID ACTS, PRACTICES AND CONDUCT ARE INCONSISTENT WITH HIGH STANDARDS OF COMMERCIAL HONOR AND JUST AND EQUITABLE PRINCIPLES OF TRADE AND CONSTITUTE SEPARATE AND DISTINCT VIOLATIONS OF ARTICLE III, OF 1 THE ASSOCIATIONS RULES OF FAIR PRACTICE BY RESPONDENTS SIMPSON, EMERY & COMPANY, INC. AND R. DREW KISTLER, EACH SEPARATELY. AS A RESULT EACH RESPONDENT WAS CENSURED. IT WAS DETERMINED THAT THE VIOLATIONS AROSE OUT OF IGNORANCE OF THE STATUTORY REQUIREMENTS; THE RESPONDENTS ACTED PROMPTLY TO MAKETHE CUSTOMERS WHOLE; THE MEMBER SUSTAINED A COMPLETE LOSS; AND THE MEMBER HIRED A COMPLIANCE MANAGER.
Date: October 01, 1976 Category: Regulatory
All individuals registered to sell securities or provide investment advice are required to disclose customer complaints and arbitrations, regulatory actions, employment terminations, bankruptcy filings and criminal or civil judicial proceedings.
A disclosure includes information about customer disputes, disciplinary events and financial matters on the broker's record as reported by securities regulators, the individual broker, and any involved firms. Some of these items may involve pending actions or allegations that have not been resolved or proven. The presence of a disclosure does not automatically indicate any wrongdoing.
BrokerCheck is the source of the data included in this Report. The data was compiled on June 29, 2018.
To view the full report for RALPH DREW KISTLER, click here.
If you discover any errors or outdated information on this Website, please contact us and we will promptly correct such errors or outdated information.
If BrokerCheck® is the source of such errors or outdated information, please contact FINRA at (301) 590-6500.
Brokersearch.info will not fully remove items from this Website without an applicable court order designating them for removal. Investors rely on the information available on this Website to decide whether to choose or retain a broker or investment adviser.
Upon written request, we may remove certain page(s) from appearing in search engine results using the robots.txt protocol.
When a person searches for your name using Google, Bing, Yahoo! and other search engines the page(s) from Brokersearch.info would not appear in the search results.
Please contact us to learn more about Search Engine Removal.
How to choose a broker or investment adviser. Learn More