A Mandeville, LA, registered rep found out that being "right yet wrong" can be costly and can effectively kill a career.  RR Pagliarulo agreed to a $10K fine and a 2-year suspension to settle FINRA charges he signed customers’ names on a variety of internal and external documents related to their accounts that he serviced.  Pagliarulo also allegedly copied, cut and pasted another customer’s name on the firm’s explanation of transaction form.

    An Ironic Twist.  Interestingly enough, all of the customers had authorized the RR's action in each instance - but only one of the customers authorized him to sign their name on the respective documents.  But alas, Pagliarulo knew that his firm didn't permit employees to sign customers’ names on documentation related to their accounts.  [Duh!]  His suspension runs through 11/14/2012.  [FINRA Case #2009017267701;  December Disciplinary Actions]