Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Michael Rosen (Rosen), currently associated with Wells Fargo Clearing Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Rosen recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a pending customer complaint on April 20, 2026.
Client complained that their Financial Advisor advised them to convert their Required Minimum Distribution into a ROTH IRA without disclosing that it did not meet RMD requirements, resulting in negative financial consequences. (6/12/2025 – 4/20/2026)