Roderick Len Whited of Gainesville, Florida, a stockbroker registered with Northwestern Mutual Investment Services LLC, has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because Whited stole funds belonging to a pediatric cancer charity. Letter of Acceptance, Waiver, and Consent No. 2020065505201 (November 15, 2021).
On January 25, 2018, another customer filed an investment related complaint involving Whited’s conduct in which the customer requested $7,760.34 in damages based upon allegations that Whited committed forgery in connection with the sale of life insurance policies when Whited was associated with Northwestern Mutual Investment Services LLC.
Whited was associated with Northwestern Mutual Investment Services LLC in Gainesville, Florida, as a stockbroker from April of 1996 to February of 2020. On January 8, 2020, Northwestern Mutual Investment Services LLC permitted Whited to resign based upon allegations that Whited misappropriated funds raised for a charity. On December 21, 2021, Networth Asset Management Inc. permitted Whited to resign over the same incident.
