Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Scott Niekamp (Niekamp), currently associated with Northwestern Mutual Investment Services, LLC, has at least 4 disclosable events. These events include one customer complaint, 3 regulatory events, alleging that Niekamp recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a final customer complaint on February 23, 2023.
The California Insurance Commissioner found that the disciplinary actions taken by FINRA and the State of Missouri in June 2021 and August 2021 respectively, constitute grounds for the Commissioner to suspend the Representative’s California insurance license and licensing rights for seven days.