Cupo, Mark – Morris Plains, NJ

Under the automatic disciplinary provisions of the Institute’s bylaws, Mr. Cupo’s AICPA membership was terminated, effective April 17, 2014, in connection with the disciplinary action taken by the Securities and Exchange Commission (SEC). Specifically, the SEC suspended Mr. Cupo from appearing or practicing before the Commission as an accountant. This decision was based on the SEC’s allegations that Mr. Cupo acted as a middle-man in a carefully-orchestrated insider trading scheme whereby he tipped information to two downstream tippees and in return received kickbacks in the form of cash payments in exchange for the information he tipped.