tokens: The following were barred or , where noted , suspended and consented to findings without admitting or denying wrongdoing : Edward L. Cole , Jackson , Miss. , $ 10,000 fine ; Rita Rae Cross , Denver , $ 2,500 fine and 30 - day suspension ; Thomas Richard Meinders , Colorado Springs , Colo. , $ 2,000 fine , five - day suspension and eight - month suspension as a principal ; Ronald A. Cutrer , Baton Rouge , La. , $ 15,000 fine and one - month suspension ; Karl Grant Hale , Midvale , Utah , $ 15,000 fine ; Clinton P. Hayne , New Orleans , $ 7,500 fine and one - week suspension ; Richard M. Kane , Coconut Creek , Fla. , $ 250,000 fine ; John B. Merrick , Aurora , Colo. , $ 1,000 fine and 10 - day suspension ; John P. Miller , Baton Rouge , $ 2,000 fine and two - week suspension ; Randolph K. Pace , New York , $ 10,000 fine and 90 - day suspension ; Brian D. Pitcher , New Providence , N.J. , $ 30,000 fine ; Wayne A. Russo , Bridgeville , Pa. , $ 4,000 fine and 15 - day suspension ; Orville Leroy Sandberg , Aurora , Colo. , $ 3,500 fine and 10 - day suspension ; Richard T. Marchese , Las Vegas , Nev. , $ 5,000 and one - year suspension ; Eric G. Monchecourt , Las Vegas , $ 5,000 and one - year suspension ; and Robert Gerhard Smith , Carson City , Nev. , two - year suspension .