Harold Lee Connell

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BrokerCheck Report

HAROLD LEE CONNELL

Report #73727-99457, data current as of Monday, April 25, 2016.

Section Title

Report Summary

Broker Qualifications

Registration and Employment History

Disclosure Events

CRD# 1482623

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2 - 3

4 - 5

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Page(s)

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About BrokerCheck®

BrokerCheck offers information on all current, and many former, registered securities brokers, and all current and former registered securities firms. FINRA strongly encourages investors to use BrokerCheck to check the background of securities brokers and brokerage firms before deciding to conduct, or continue to conduct, business with them.

·· What is included in a BrokerCheck report?BrokerCheck reports for individual brokers include information such as employment history, professionalqualifications, disciplinary actions, criminal convictions, civil judgments and arbitration awards. BrokerCheck

reports for brokerage firms include information on a firm’s profile, history, and operations, as well as many of thesame disclosure events mentioned above.Please note that the information contained in a BrokerCheck report may include pending actions or allegationsthat may be contested, unresolved or unproven. In the end, these actions or allegations may be resolved in favor of the broker or brokerage firm, or concluded through a negotiated settlement with no admission or finding of wrongdoing.

·· Where did this information come from?The information contained in BrokerCheck comes from FINRA’s Central Registration Depository, or CRD® and isa combination of:

o information FINRA and/or the Securities and Exchange Commission (SEC) require brokers andbrokerage firms to submit as part of the registration and licensing process, and

o information that regulators report regarding disciplinary actions or allegations against firms or brokers.

·· How current is this information?Generally, active brokerage firms and brokers are required to update their professional and disciplinaryinformation in CRD within 30 days. Under most circumstances, information reported by brokerage firms, brokersand regulators is available in BrokerCheck the next business day.

·· What if I want to check the background of an investment adviser firm or investment adviser representative?To check the background of an investment adviser firm or representative, you can search for the firm or individualin BrokerCheck. If your search is successful, click on the link provided to view the available licensing andregistration information in the SEC's Investment Adviser Public Disclosure (IAPD) website athttp://www.adviserinfo.sec.gov. In the alternative, you may search the IAPD website directly or contact your statesecurities regulator at http://www.finra.org/Investors/ToolsCalculators/BrokerCheck/P455414.

·· Are there other resources I can use to check the background of investment professionals?

FINRA recommends that you learn as much as possible about an investment professional before deciding to workwith them. Your state securities regulator can help you research brokers and investment adviser representativesdoing business in your state.

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HAROLD L. CONNELL

CRD# 1482623

Currently employed by and registered with thefollowing Firm(s):

CP CAPITAL SECURITIES

1428 BRICKELL AVENUESUITE 600MIAMI, FL 33131CRD# 15029Registered with this firm since: 01/08/2001

CP CAPITAL SECURITIES1428 BRICKELL AVENUESUITE 600MIAMI, FL 33131CRD# 15029Registered with this firm since: 01/08/2001

Report Summary for this Broker

This report summary provides an overview of the broker's professional background and conduct. Additionalinformation can be found in the detailed report.

Disclosure Events

All individuals registered to sell securities or provideinvestment advice are required to disclose customer complaints and arbitrations, regulatory actions,employment terminations, bankruptcy filings, andcriminal or civil judicial proceedings.

Are there events disclosed about this broker? Yes

The following types of disclosures have beenreported:

Type CountRegulatory Event 4

Investment Adviser RepresentativeInformation

http://www.adviserinfo.sec.gov

The information below represents the individual'srecord as a broker. For details on this individual'srecord as an investment adviser representative,visit the SEC's Investment Adviser PublicDisclosure website at


This broker is registered with:

1 Self-Regulatory Organization

4 U.S. states and territories

This broker has passed:

2 Principal/Supervisory Exams

2 General Industry/Product Exams

1 State Securities Law Exam

Registration History

This broker was previously registered with thefollowing securities firm(s):

CENTENNIAL CAPITAL MANAGEMENT, INC.CRD# 38988

ATLANTA, GA05/1997 - 12/2000

WORLD INVEST CORPORATIONCRD# 17223DEERFIELD BEACH, FL

04/1996 - 05/1997

COLEMAN & COMPANY SECURITIES, INC.CRD# 1486NEW YORK, NY11/1995 - 04/1996

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1©2016 FINRA. All rights reserved. Report# 73727-99457 about HAROLD L. CONNELL. Data current as of Monday, April 25, 2016.

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Registrations

This section provides the self-regulatory organizations (SROs) and U.S. states/territories the broker is currentlyregistered and licensed with, the category of each license, and the date on which it became effective. This section alsoprovides, for every brokerage firm with which the broker is currently employed, the address of each branch where thebroker works.

This individual is currently registered with 1 SRO and is licensed in 4 U.S. states and territories through his or her employer.

Employment 1 of 1

Firm Name:

Main Office Address:

Firm CRD#:


15029

1428 BRICKELL AVENUESUITE 600MIAMI, FL 33131

SRO Category Status DateFINRA General Securities Principal APPROVED 01/08/2001

FINRA General Securities Representative APPROVED 01/08/2001

FINRA Investment Banking Representative APPROVED 04/15/2010

FINRA Municipal Securities Principal APPROVED 01/08/2001

U.S. State/Territory

Category Status Date

Connecticut Agent APPROVED 06/08/2011

Florida Agent APPROVED 01/08/2001

Maryland Agent APPROVED 10/22/2015

New York Agent APPROVED 11/14/2002

Branch Office Locations

CP CAPITAL SECURITIES1428 BRICKELL AVENUESUITE 600

MIAMI, FL 33131


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Industry Exams this Broker has Passed

This individual has passed 2 principal/supervisory exams, 2 general industry/product exams, and 1 statesecurities law exam.

This section includes all securities industry exams that the broker has passed. Under limited circumstances, a broker may attain a registration after receiving an exam waiver based on exams the broker has passed and/or qualifying workexperience. Any exam waivers that the broker has received are not included below.

Exam Category Date

Principal/Supervisory Exams

General Securities Principal Examination 05/20/1993Series 24

Municipal Securities Principal Examination 08/10/1992Series 53

Exam Category Date

General Industry/Product Exams

General Securities Representative Examination 12/22/1992Series 7

Municipal Securities Representative Examination 07/09/1992Series 52

Exam Category Date

State Securities Law Exams

Uniform Securities Agent State Law Examination 02/23/1993Series 63

Additional information about the above exams or other exams FINRA administers to brokers and other securitiesprofessionals can be found at www.finra.org/brokerqualifications/registeredrep/.


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Registration History

Registration Dates Firm Name CRD# Branch Location

The broker previously was registered with the following firms:

05/1997 - 12/2000 CENTENNIAL CAPITAL MANAGEMENT, INC. 38988 ATLANTA, GA

04/1996 - 05/1997 WORLD INVEST CORPORATION 17223 DEERFIELD BEACH, FL

11/1995 - 04/1996 COLEMAN & COMPANY SECURITIES, INC. 1486 NEW YORK, NY

01/1993 - 02/1995 FIRST EQUITY CORPORATION OF FLORIDA 9 MIAMI, FL

07/1992 - 01/1993 OPPENHEIMER & CO., INC. 630 NEW YORK, NY

Employment History

Employment Dates Employer Name Employer Location

This section provides up to 10 years of an individual broker's employment history as reported by the individual broker on

the most recently filed Form U4.

Please note that the broker is required to provide this information only while registered with FINRA or a nationalsecurities exchange and the information is not updated via Form U4 after the broker ceases to be registered.Therefore, an employment end date of "Present" may not reflect the broker's current employment status.

01/2001 - Present CP CAPITAL SECURITES, INC. MIAMI, FL

Other Business Activities

This section includes information, if any, as provided by the broker regarding other business activities the broker is

currently engaged in either as a proprietor, partner, officer, director, employee, trustee, agent or otherwise. This sectiondoes not include non-investment related activity that is exclusively charitable, civic, religious or fraternal and isrecognized as tax exempt.

CP CAPITAL GROUP, LLCINVESTMENT RELATED1428 BRICKELL AVE. SUITE 600, MIAMI, FL. 33131.THIS IS THE HOLDING COMPANY FOR CP CAPITAL SECURITIES MANAGING MEMBER STARTING 09/2002WORKS 1-2 HRS, AND 1-2 HRS DURING TRADING HOURS

CP US INCOME GROUP, LLC1428 BRICKELL AVE, SUITE 600, MIAMI, FL 33131INVESTMENT FUND PROVIDING DEBT FUNDING TO SMALL PUBLIC COMPANIES.DEVOTES ABOUT 2 HRS PER WEEK.




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Other Business Activities, continuedCP VENTURE CAPITAL, LLC OF MIAMI, FLORIDA. AN INVESTMENT FUND. SPENDS APPROXIMATELY 2 HOURSPER WEEK ON THIS BUSINESS.

CONNELL VENTURES LLC (CFB VENTURES)

1428 BRICKELL AVE, SUITE 600 MIAMI FL. 33131IT IS INVESTMENT RELATED, HE IS THE MANAGING MEMBER. HIS PRIMARY DUTIES IS TO OVERSEE THEFAMILY INVESTMENTS. HE STARTED IN 10/2003. HE DEVOTES 3 HOURS PER WEEK.

CP CAPITAL CASH SOLUTIONS. IT IS NOT INVESTMENT RELATED. IT IS LOCATED AT 1428 BRICKELL AVENUESUITE 600, MIAMI FL. 33131. HAROLD IS A MANAGING MEMBER SINCE 10/10. HE ALSO OWNS 33.3% HISDUTIES INCLUDE MARKETING AND SALES OF THE CP CAPITAL CASH CARDS BUSINESS. HE DEVOTES 4 HRSPER WEEK. 3 HOURS ARE DEVOTED TO THIS JOB DURING SECURITIES TRADING HOURS.

CP CAPITAL INSURANCE, LLC1428 BRICKELL AVE SUITE 600MIAMI FL 33131

NOT INVESTMENT RELATED.I HAVE BEEN A DIRECTOR SINCE JANUARY 2013. I REFER BUSINESS. I DEVOTE ABOUT 5 HOURS PER WEEKOF WHICH NONE ARE WITHIN THE SECURITIES TRADING HOURS.




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Disclosure Events

What you should know about reported disclosure events:

1. All individuals registered to sell securities or provide investment advice are required to disclose customer complaints and arbitrations, regulatory actions, employment terminations, bankruptcy filings, and criminal or civil

judicial proceedings.

2. Certain thresholds must be met before an event is reported to CRD, for example: o A law enforcement agency must file formal charges before a broker is required to disclose a particular

criminal event. o A customer dispute must involve allegations that a broker engaged in activity that violates certain rules

or conduct governing the industry and that the activity resulted in damages of at least $5,000.

3. Disclosure events in BrokerCheck reports come from different sources: o As mentioned at the beginning of this report, information contained in BrokerCheck comes from brokers,

brokerage firms and regulators. When more than one of these sources reports information for the samedisclosure event, all versions of the event will appear in the BrokerCheck report. The different versions

will be separated by a solid line with the reporting source labeled.

4. There are different statuses and dispositions for disclosure events: o A disclosure event may have a status of pending, on appeal, or final.

§ A "pending" event involves allegations that have not been proven or formally adjudicated.§ An event that is "on appeal" involves allegations that have been adjudicated but are currently

being appealed.§ A "final" event has been concluded and its resolution is not subject to change.

o A final event generally has a disposition of adjudicated, settled or otherwise resolved.§ An "adjudicated" matter includes a disposition by (1) a court of law in a criminal or civil matter, or

(2) an administrative panel in an action brought by a regulator that is contested by the partycharged with some alleged wrongdoing.

§ A "settled" matter generally involves an agreement by the parties to resolve the matter. Pleasenote that brokers and brokerage firms may choose to settle customer disputes or regulatorymatters for business or other reasons.

§ A "resolved" matter usually involves no payment to the customer and no finding of wrongdoingon the part of the individual broker. Such matters generally involve customer disputes.

For your convenience, below is a matrix of the number and status of disclosure events involving this broker.Further information regarding these events can be found in the subsequent pages of this report. You also maywish to contact the broker to obtain further information regarding these events.

Final On AppealPending

Regulatory Event 0 4 0




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Disclosure Event Details

When evaluating this information, please keep in mind that a discloure event may be pending or involve allegationsthat are contested and have not been resolved or proven. The matter may, in the end, be withdrawn, dismissed,resolved in favor of the broker, or concluded through a negotiated settlement for certain business reasons (e.g., tomaintain customer relationships or to limit the litigation costs associated with disputing the allegations) with no

admission or finding of wrongdoing.

This report provides the information exactly as it was reported to CRD and therefore some of the specific data fieldscontained in the report may be blank if the information was not provided to CRD.

Regulatory - Final

This type of disclosure event may involves (1) a final, formal proceeding initiated by a regulatory authority (e.g., a statesecurities agency, self-regulatory organization, federal regulatory such as the Securities and Exchange Commission,foreign financial regulatory body) for a violation of investment-related rules or regulations; or (2) a revocation or suspension of a broker's authority to act as an attorney, accountant, or federal contractor.

Disclosure 1 of 4

Reporting Source: Broker

Regulatory Action InitiatedBy:

DEPARTMENT OF THE TREASURY COMPTROLLER OF THE CURRENCY

Sanction(s) Sought: Cease and DesistMonetary Penalty other than Fines

Date Initiated: 10/03/2012

Docket/Case Number: AA-EC-12-94

Employing firm when activityoccurred which led to theregulatory action:

SECURITY BANK N.A

Product Type: No Product

Allegations: MR. CONNELL PAID A CIVIL MONEY PENALTY OF $20,000 FOR (1)ENGAGING A PERSON WITH A CRIMINAL RECORD TO PERFORM VARIOUS

ADMINISTRATIVE DUTIES WHO WAS DEEMED A DE-FACTO BANKEMPLOYEE BY THE REGULATORS THEREBY VIOLATING USC 1829,AND(2) THE REGULATORS DETERMINED MR CONNELL FAILED TO PUT IN PLACE

AN EFFECTIVE BSA PLAN UNTIL 2010.

Current Status: Final

Resolution: Order




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Resolution Date: 10/03/2012

Sanctions Ordered:

Does the order constitute afinal order based onviolations of any laws or regulations that prohibitfraudulent, manipulative, or deceptive conduct?

Yes

Cease and DesistMonetary Penalty other than FinesOther: NOTIFICATION TO THE COMPTROLLER OF THE CURRENCY PRIORTO ACCEPTING EMPLOYMENT WITH ANY OTHER BANKING ORGANIZATION.

Monetary Related Sanction: Monetary Penalty other than Fines

Total Amount: $20,000.00

Portion Levied againstindividual:

$20,000.00

Date Paid by individual: 09/24/2012

Was any portion of penaltywaived?

No

Amount Waived:

Monetary Sanction 1 of 1

Payment Plan:

Is Payment Plan Current: No

Disclosure 2 of 4i

Reporting Source: Broker


DEPARTMENT OF THE TREASURY COMPTROLLER OF THE CURRENCY

Sanction(s) Sought: Civil and Administrative Penalty(ies)/Fine(s)


Docket/Case Number: 2010-211

Employing firm when activity

occurred which led to theregulatory action:

SECURITY BANK, NA. OF NORTH LAUDERDALE, FL.




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Allegations: AS CEO & PRESIDENT OF SECURITY BANK, CONNELL FAILED TO ENSURETHAT THE BANK WAS IN COMPLIANCE WITH A FORMAL AGREEMENT (FA)ISSUED BY THE OCC ON 4/3/2008.

Current Status: FinalResolution: Consent


Sanctions Ordered:


No

Monetary Penalty other than Fines

Monetary Related Sanction: Civil and Administrative Penalty(ies)/Fine(s)

Total Amount: $6,500.00

Portion Levied againstindividual:

$6,500.00

Date Paid by individual:

Was any portion of penaltywaived?

No

Amount Waived:

Monetary Sanction 1 of 1

Payment Plan: PAID IN FULL VIA CASHIERS CHECK

Is Payment Plan Current: No

Disclosure 3 of 4

i

Reporting Source: Regulator


FINRA

Sanction(s) Sought:





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Docket/Case Number: 2006005321601




Allegations: NASD RULE 2110 AND INTERPRETIVE MATERIAL 1000-1: CONNELL FAILEDTO AMEND HIS FORM U4 TO DISCLOSE MATERIAL INFORMATION.


Resolution: Acceptance, Waiver & Consent(AWC)


Sanctions Ordered:

Regulator Statement WITHOUT ADMITTING OR DENYING THE FINDINGS, RESPONDENTCONSENTED TO THE DESCRIBED SANCTIONS AND TO THE ENTRY OFFINDINGS; THEREFORE, HE IS FINED $5,000 AND SUSPENDED FROM

ASSOCIATION WITH ANY FINRA MEMBER IN ANY CAPACITY FOR 30 DAYS.THE SUSPENSION IN ANY CAPACITY WILL BE IN EFFECT FROMSEPTEMBER 17, 2007, THROUGH OCTOBER 16, 2007. FINES PAID

09/06/2007.


No

Civil and Administrative Penalty(ies)/Fine(s)Suspension

iReporting Source: Broker


FINRA

Sanction(s) Sought: Suspension

Other Sanction(s) Sought: $5,000.00 FINE


Docket/Case Number: 2006005321601

Employing firm when activity

CP CAPITAL SECURITIES, INC


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occurred which led to theregulatory action:


Other Product Type(s):

Allegations: FAILED TO AMEND FORM U4 AND DISCLOSE THAT ON AUGUST 1, 2006 MR.CONNELL WAS NAMED AS A DEFENDENT IN A CIVIL LAWSUIT. THELAWSUIT ALLEGED MR. CONNELL COMMITED A VIOLATION OF A FLORIDASECURITIES STATUTE. AS A RESULT, CONNELL VIOLATED NASD CONDUCTRULE 2110 AND IM-1000-1.


Resolution: Acceptance, Waiver & Consent(AWC)


Sanctions Ordered:

Other Sanctions Ordered:

Sanction Details: MR. CONNELL WAS FINED $5,000.00 AND SUSPENDED IN ANY CAPACITYFROM SEPTEMBER 17, 2007, THROUGH OCTOBER 16, 2007. CAPACITIESEFFECTED GENERAL SECURITIES PRINCIPAL, COMPLIANCE OFFICER ANDGENERAL SECURITIES REPRESENTATIVE.

Broker Statement NO DAMAGES WERE ASSESED AGAINST MR. CONNELL. MIAMI-DADECIRCUIT COURT ORDRED A DISMISSAL WITH PREJUDICE AND A FINALORDER OF DISMISSAL WITH PREJUDICE ON JULY 2, 2007.

Monetary/Fine $5,000.00Suspension

Disclosure 4 of 4

i

Reporting Source: Regulator


FLORIDA

Sanction(s) Sought: Cease and Desist

Other Sanction(s) Sought:


Docket/Case Number: 0227A-S-9/05




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Other Product Type(s):Allegations: FAILURE TO SUPERVISE AND FAILURE TO MAINTAIN BOOKS AND

RECORDS.


Resolution: Stipulation and Consent


Sanctions Ordered:

Other Sanctions Ordered:

Sanction Details: NA

Regulator Statement FAILURE TO SUPERVISE AND FAILURE TO MAINTAIN BOOKS ANDRECORDS.

Does the order constitute afinal order based onviolations of any laws or regulations that prohibitfraudulent, manipulative, or

deceptive conduct?

Yes

Cease and Desist/InjunctionMonetary/Fine $5,000.00

iReporting Source: Broker Regulatory Action InitiatedBy:

THE STATE OF FLORIDA

Sanction(s) Sought: Civil and Administrative Penalt(ies) /Fine(s)

Other Sanction(s) Sought:


Docket/Case Number: NO. 0227-S-09/05; 0227A-S-09/05


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Other Product Type(s):Allegations: FAILED TO MAINTAIN BOOKS AND RECORDS. FAILED TO ESTABLISH,

MAINTAIN AND ENFORCE WRITTEN SUPERVISORY PROCEDURES ANDFAILED TO EXERCISE ADEQUATE INTERNAL CONTROLS ANDSUPERVISION, IN VIOLATION OF SECTION 517.221(1), FLORIDA STATUES,RULE 69W-600.013(2)(H) AND NASD CONDUCT RULE 3110 AND SEC RULE17A-3. FAILED TO ESTABLISH, MAINTAIN AND ENFORCE WRITTENSUPERVISORY PROCEDURES RELATING TO THE DISBURSEMENT OFCLIENT MAIL AND FAILED TO EXERCISE ADEQUATE INTERNAL CONTROLS

AND SUPERVISION, IN VIOLATION OF FLORIDA ADMINISTRATIVE RULES69W-600-600.013(1)(P) AND 69W-600.013(2)(H) AND NASD CONDUCT RULE3010(B)(1).


Resolution: Stipulation and Consent


Sanctions Ordered:

Other Sanctions Ordered: TO IMMEDIATELY CEASE AND DESIST FROM ANY AND ALL VIOLATIONS OFCHAPTER 517, FLORIDA STATUTES AND THE RULES PROMULGATEDTHERUNDER.

Sanction Details: AN ADMINISTRATIVE FINE IN THE AMOUNT OF $5,000.00 WAS PAID ON01/30/06

Cease and Desist/InjunctionMonetary/Fine $5,000.00


f /

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