The convicted former chief compliance officer at an unnamed New York-based investment adviser was barred from working in the industry by the Securities and Exchange Commission (SEC).

Jennifer Campbell was sentenced to three years in prison in February for wire fraud. She was ordered by the SEC on Wednesday to have no association with any broker, dealer, investment adviser, municipal securities dealer, municipal adviser, transfer agent, or nationally recognized statistical rating organization, according to an administrative proceeding.

Indicted in June 2022, Campbell pleaded guilty in October to misusing her access to client accounts to modify account settings and misappropriate client funds. In one example included in her indictment, Campbell sent a victim a falsified account statement showing a balance of approximately $148,000 when the account had a balance of about $90.

She will serve three years of supervised release after her prison term and was ordered to forfeit $357,466 on top of $371,332 in restitution she must pay.

Any reapplication by Campbell will be approved after several factors are met, including but not limited to paying any disgorgement, civil penalties, arbitration awards, and/or restitution ordered by a self-regulatory organization, court, or the SEC.

Jeff Dale is the Digital Editor of Compliance Week. He previously worked as a copy editor with the Boston Herald and Patriot Ledger in Quincy, Mass., and is a former city editor of The Hour Publishing Co. in Norwalk, Conn.View full Profile

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