Man with empty pockets hiding money

Keith Howard Medeck of New York, New York, a stockbroker registered with National Securities Corp., is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $75,000.00 in damages based upon allegations that Medeck made unsuitable recommendations concerning the sale of private placements when Medeck was associated with National Securities Corp. FINRA Arbitration No. 20-03818 (Nov. 16, 2020).

FINRA Public Disclosure shows that Medeck is referenced in nine (9) other customer initiated investment related disputes concerning Medeck’s conduct while associated with securities broker dealers, including Millennium Securities Corp. On July 20, 2000, a customer filed an investment related complaint involving Medeck’s conduct in which the customer requested $25,000.00 in damages based upon allegations that Medeck made unauthorized transactions in connection with the recommendation and sale of over-the-counter equities when Medeck was associated with Millennium Securities Corp.

On June 20, 2002, a customer initiated investment related complaint involving Medeck’s conduct was settled for $115,000.00 in damages based upon allegations that Medeck inappropriately used margin in the customer’s account concerning the recommendation and sale of investments when Medeck was associated with Continental Broker Dealer Corp.

Medeck is also referenced in a FINRA securities arbitration claim that was settled for $55,000.00 in damages based upon allegations that Medeck made unsuitable and excessive transactions with regard to the recommendation and sale of common stocks and preferred stocks when Medeck was associated with National Securities Corp. FINRA Arbitration No. 12-01621 (May 25, 2012).

Keith Medeck was associated with National Securities Corporation in New York, NY, as a stockbroker from January 21, 2004 to July 21, 2022. Medeck has been associated with Arete Wealth Management LLC in New York, NY, as a stockbroker since July 20, 2022.