A registered representative in Bayonne, N.J., was barred by FINRA for maintaining an outside brokerage account.

Carlos Daniel Rivera was sanctioned for failing to disclose to his member firm an outside brokerage account that he opened after his firm expressly told him that he could not maintain outside brokerage accounts, according to FINRA records. He had opened the account prior to his employment with the firm.

FINRA said Rivera forged a letter that purported to be from an employee of his firm, instructing the firm where he maintained an outside brokerage account to lift trading restrictions on his newly opened, undisclosed account.

Rivera neither admitted nor denied the FINRA findings.