Articles Posted in Reg BI

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According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Brian Tveter (Tveter), currently associated with Charles Schwab & Co., INC., has at least one disclosable event. These events include one customer complaint, alleging that Tveter recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint on May 08, 2026.

In or around August 2021, the client claims the representative misrepresented the use of margin in his account when requesting cash withdrawals. The self-directed client asserts Schwab profited from charging more in margin interest on the increasing debit balance resulting from the client\\u2019s cash withdrawals.

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According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker James Simpson (Simpson), currently associated with Ausdal Financial Partners, INC., has at least one disclosable event. These events include one customer complaint, alleging that Simpson recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $400,000.00  on May 08, 2026.

Client alleges Unsuitable Recommendations, Breach of Fiduciary Duty, Negligence, Failure to Supervise, Misrepresentation and Omission, Violation of Finra Rules and industry standards related to illiquid/alternative investments purchased through his representative at Moloney Securities, and prior to moving his accounts to Ausdal. At no time has Mr. Simpson been the client’s representative, nor did he supervise the transactions at issue as they were not purchased through Ausdal.\,

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According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Glenn Deal (Deal), currently associated with Thrivent Investment Management INC., has at least one disclosable event. These events include one customer complaint, alleging that Deal recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $8,538.80  on May 12, 2026.

Client alleged unauthorized Qualified Charitable Distributions occurred due to handwriting of corrected dollar amount and initials on corrected form not matching that of the owner. RR admitted that he placed the dollar amount and client initials on the corrected form.

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According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Edward Turley (Turley), previously associated with J.P. Morgan Securities LLC, has at least one disclosable event. These events include one customer complaint, alleging that Turley recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint on May 12, 2026.

Claimant alleges exercise of discretion and unsuitable trading. Activity dates January 2020- March 2022.

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According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jerry Sleight (Sleight), currently associated with Fbl Marketing Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Sleight recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint on May 15, 2026.

Customer alleged the life insurance policy was inappropriate, required lifelong premiums, and failed to meet intended needs, resulting in higher costs than alternative options. The complaint also raised concerns regarding policy ownership and beneficiary designations, lack of responsiveness, and requested surrender of the policy as part of a Medicaid spend-down process.

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According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Robert Smith (Smith), currently associated with Emerson Equity LLC, has at least one disclosable event. These events include one customer complaint, alleging that Smith recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $225,000.00  on May 14, 2026.

Alleging failure to supervise, negligence, breach of fiduciary duty, & misrepresentation of investments purchased in 2019.

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According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Hongwei Liu (Liu), previously associated with Ni Advisors, has at least one disclosable event. These events include one customer complaint, alleging that Liu recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $50,000.00  on May 26, 2026.

Claim is for $50,000 investment in the product made during 2024. The issuer subsequently declared bankruptcy.

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According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Joshua Westerman (Westerman), previously associated with Morgan Stanley, has at least one disclosable event. These events include one customer complaint, alleging that Westerman recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $3,000,000.00  on June 06, 2026.

Claimant alleges, inter alia, that FA recommended outside investment security that was not approved by Morgan Stanley, resulting in losses \\u2014 2023

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According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Ahmad Quqa (Quqa), currently associated with Private Client Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Quqa recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint on May 24, 2026.

Client alleges the FA placed unauthorized trades in January 2024.

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According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Ryan Finch (Finch), currently associated with Emerson Equity LLC, has at least one disclosable event. These events include one customer complaint, alleging that Finch recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint with a damage request of $141,146.99  on May 18, 2026.

Negligence, misrepresentation and omissions of material facts, breach of fiduciary duty, violation of Regulation Best Interest (Reg BI), federal securities laws, California Corporations Code, California common law and FINRA Rules 2111 and 2010. Investments purchased 7/21/2022

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