Daniel L. Bicket (also known as Dan Bicket) of Reinbeck, Iowa, a stockbroker formerly registered with Northwestern Mutual Investment Services, has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because he refused to cooperate with FINRA investigators regarding his indexed annuity sales and outside business activities. Letter of Acceptance, Waiver, and Consent No. 2021071798401 (July 14, 2022).
Bicket was discharged by Northwestern Mutual Investment Services on June 1, 2021, for having sold indexed annuities. He allegedly violated Northwestern’s policies relating to equity-indexed annuities sales, recommendations, solicitations, and promotions.
On June 30, 2022, Bicket was asked by FINRA to testify in the investigation. He told the regulator that he received its request and would not cooperate at any point. Accordingly, FINRA found that he violated Rules 2010 and 8210.
Bicket was registered with Northwestern Mutual Investment Services between May 13, 1985, and June 28, 2021.
