Jonathan Ornstein

In 1978, Ornstein dropped out of the University of Pennsylvania after his junior year and relocated to the Los Angeles area when he was 21 years old. He became a well-recognized broker for the firm E.F. Hutton as the youngest ever to hold a position there. Ornstein signed a consent order in June 1993 agreeing to a $20,000 fine and a three-year ban from the American Stock Exchange for making unauthorized transactions in customer accounts as a broker for Prudential-Bache Securities, according to NASD records. Earlier the same year, he was fined $10,000 and suspended for two years from associating with NASD members in connection with similar allegations, according to the association's records. == References ==