Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Ray Arndt (Arndt), previously associated with Mutual Securities, INC., has at least one disclosable event. These events include one customer complaint, alleging that Arndt recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a settled customer complaint with a damage request of $18,500.00 on January 22, 2022.
Claimants allege unsuitable recommendations, material misrepresentation ^ omissions, control person liability & respondent superior, failure to supervise, and violations of FINRA 2020 & IM 2310-2.