Robert Allen Koestler (also known as Bob Koestler), of Prairie Du Chien, Wisconsin, a stockbroker registered with LPL Financial LLC, has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because Koestler failed to testify during the period that FINRA investigated the stockbroker for possible violations of FINRA rules. Letter of Acceptance, Waiver, and Consent No. 2021070890101 (November 29, 2022).
According to the AWC, FINRA began an investigation into Koestler’s potential unauthorized trading. In connection with the investigation, FINRA sent a request to Koestler to appear for testimony on October 18, 2022. On November 4, 2022, Koestler indicated to FINRA that he had received the requests but would not appear for testimony at any time. Therefore, Koestler violated FINRA Rules 2010 and 8210.
Koestler was associated with Ameriprise Financial Services LLC in Platteville, Wisconsin, as a stockbroker from May of 2019 to September of 2020, and associated with LPL Financial LLC in Prairie Du Chien, Wisconsin, as a stockbroker from September of 2020 to February of 2021.
