Sheldon Robert Bender (also known as Shelly R. Bender) of Deerfield Illinois a stockbroker formerly registered with Securian Financial Services is referenced in a customer initiated investment related written complaint on November 24, 2020 in which the customer sought $15,000.00 in damages founded on allegations of inappropriate advice by Bender as it pertained to the customer’s insurance policy.
This is not the first time that Bender’s sales practices have been questioned by an investor. Financial Industry Regulatory Authority (FINRA) Public Disclosure shows that Bender is the subject of a customer initiated investment related FINRA securities arbitration claim where the customer requested $1,000,000.00 in damages based upon accusations that Bender breached a fiduciary duty in reference to insurance transactions while registered with Securian Financial Services. The claim also alleges negligence and breach of contract.
Bender was registered with Securian Financial Services between July 12, 1988 and November 2, 2017. He was registered with Triad Advisors between November 2, 2017 and December 3, 2019, and has been registered with Cetera Financial Specialists LLC since May 13, 2021.