Rosa M. Gil is Deputy Chair and member of the board of directors at the Federal Reserve Bank of New York. She is the founder, president and CEO of Comunilife, Inc. Gil served as a mayor’s health policy advisor. She is the former chairperson of the New York City Health and Hospital Corporation, executive director of Woodhull Medical Center and Metropolitan Hospital, senior vice president of Generation and Northern Manhattan Health Network; senior vice president Mental Hygiene Services at the NYC Health and Hospitals Corporation and executive deputy commissioner for Families and Children Services at the NYC Human Resources Administration. Dr. Gil is the former University Dean for Health Sciences at the City University of New York.
An Offer of Settlement was issued in which Gil was barred from association with any FINRA member in all capacities. Without admitting or denying the allegations, Gil consented to the sanction and to the entry of findings that he converted approximately $2,500 from an 82-year-old widow and former bank customer to whom he was providing financial advice away from his member firm. The findings stated that Gil used the customer’s credit cards without her authorization to charge personal expenses. These included spa massages, sporting goods, airline baggage fees and foreign currency cash advances, as well as expenses incurred during an overseas trip to Madrid, Spain, including at a hotel, perfume store, museum and flamenco show.