Tag Archives: Summit Brokerage Services

Customer Accuses Summit Brokerage Of Omissions

March 11, 2018  |   Posted by :   |   Investment and Regulatory News, Variable Annuites   |   0 Comments

Jeffrey Donald Poosch of Fort Gratiot Michigan is a stockbroker currently registered with Summit Brokerage Services who is the subject of a customer initiated investment related written complaint on December 12 2016 where the customer alleged that the penalties for cancelling a variable annuity had never been disclosed to the customer. Financial Industry Regulatory Authority […]

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Wells Fargo Broker Fired For Unapproved Customer Loan

February 19, 2018  |   Posted by :   |   Customer Loans, Investment and Regulatory News   |   0 Comments

Linda Sue Zara of Boca Raton Florida is a stockbroker associated with Wells Fargo Clearing Services who has been fired in December 2017 based upon accusations that she executed an unapproved customer loan arrangement in violation of Wells Fargo’s policies. Financial Industry Regulatory Authority (FINRA) Public Disclosure confirms that a customer initiated investment related arbitration […]

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Ameriprise Financial Services Stockbroker Fired For Solicitation

May 30, 2017  |   Posted by :   |   Investment and Regulatory News   |   0 Comments

Deane Serfer Rudofker, of Philadelphia, Pennsylvania, a stockbroker registered with Ameriprise Financial Services, Inc., has been terminated from employment based upon allegations that he engaged in communications and solicitations of investments with customers in a manner which violated Ameriprise’s solicitation rules. This is not the first time Rudofker was terminated for misconduct by a brokerage […]

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Summit Brokerage Services Stockbroker Under Investigation

Craig Gary Langweiler of Newton, Pennsylvania, a stockbroker formerly registered with Summit Brokerage Services, Inc., was named in a Financial Industry Regulatory Authority (FINRA) Wells Notice, which indicated that a disciplinary action against Langweiler had been recommended by FINRA. Wells Notice No. 20140403477 (May. 1, 2017). The Notice indicated that from December of 2011 to […]

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Summit Brokerage Services Fined for Unsuitable Recommendations

Summit Brokerage Services of Boca Raton, Florida, was censured and fined $250,000 by the Financial Industry Regulatory Authority (FINRA) after consenting to findings that the firm, via its registered representatives, made unsuitable recommendations for customers to purchase leveraged and inverse exchange-traded funds. Letter of Acceptance, Waiver, and Consent, No. 2011029635101 (Dec. 2, 2015). According to […]

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