Jon Hickman, a former research analyst with MDB Capital Group LLC, was fined by the Financial Industry Regulatory Authority for making recommendations about certain equity securities through Twitter posts without disclosing that he owned such stocks. As a result, FINRA claimed his recommendations were not fair or balanced and failed to provide sufficient facts for his Twitter followers to evaluate his advice. Mr. Hickman allegedly made recommendations through his Twitter account from April 29, 2009, through June 14, 2011, without the knowledge of his firm. During that time, Mr. Hickman made recommendations regarding seven securities that he discussed in 11 Twitter posts, said FINRA. To resolve this matter, Mr. Hickman agreed to a 10-day suspension from associating with any FINRA member and payment of a US $15,000 fine.