Mary Beth Fisher Spuhler (also known as Mary Beth Fisher), of Camp Hill, Pennsylvania, a stockbroker formerly registered with Osaic Wealth Inc., has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in all capacities because Spuhler refused to provide information and documents requested as part of a regulatory investigation into her potential unauthorized transactions involving customers of the securities broker dealer. Letter of Acceptance, Waiver, and Consent No. 2024083415401 (February 21, 2025).
According to the AWC, FINRA’s disciplinary action stemmed from a Form U5 filed by Osaic Wealth Inc. in September 2024, which disclosed that Spuhler had been discharged for engaging in personal financial transactions with customers without firm approval. The securities broker dealer previously operated as Securities America Inc.
Following this disclosure, FINRA initiated an investigation to determine whether Spuhler had violated its rules. As part of the process, FINRA sent a formal request on January 15, 2025, seeking documents and other information from Spuhler under FINRA Rule 8210.
During a phone call with FINRA on February 6, 2025, Spuhler acknowledged that she received FINRA’s request. However, she informed FINRA that she would not comply with the request. Her refusal constituted a violation of FINRA Rule 8210, which obligates stockbrokers under FINRA jurisdiction to provide requested information, and also a breach of FINRA Rule 2010, which requires stockbrokers to uphold high ethical standards in the securities industry. This regulatory bar effectively ends Spuhler’s ability to work in the securities industry in roles overseen by FINRA.
This is not the first time that Spuhler has been terminated as a stockbroker by a securities broker dealer. FINRA Public Disclosure shows that Spuhler was discharged by MML Investors Services LLC on July 12, 2012, based upon alleged violations of firm policy, which included the use of advice and sales materials related to assets held outside the securities broker dealer.
Spuhler was associated with Securities America Inc. in Camp Hill, Pennsylvania from October 9, 2017 to June 14, 2024. She was associated with Osaic Wealth Inc. in Camp Hill, Pennsylvania from June 14, 2024 to September 20, 2024.
