Dan Jon Carpenter—Outside Business Activity

Ponzi scheme attorneysDan Jon Carpenter Allegedly Received Compensation for an Undisclosed Outside Business Activity

Dan Jon Carpenter allegedly received compensation for an undisclosed outside business activity, according to a recent FINRA Letter of Acceptance, Waiver and Consent (AWC).

Carpenter, who was registered with Northwestern Mutual Investment Services, LLC from 2014 to 2015, received a request from FINRA to appear for on-the-record testimony regarding an investigation into said outside business activity, the AWC notes.

Carpenter, the AWC reports, acknowledged that he received said request.

Dan Jon Carpenter Barred by FINRA after Failing to Appear for On-the-Record Testimony

Dan Jon Carpenter, who was permitted to resign his employment and registration with Northwestern in January 2015, allegedly refused to take part in on-the-record testimony as part of a FINRA’s investigation, according to the aforementioned AWC.

By refusing to appear for on-the-record testimony as requested pursuant to FINRA Rules, Carpenter allegedly violated FINRA Rules, the AWC notes.

Dan Jon Carpenter, as a result of allegedly violating FINRA Rules, has been barred by FINRA, the AWC reports. One should also note that, according to the AWC, Dan Jon Carpenter neither admitted nor denied the FINRA findings.

The Peiffer Rosca Wolf Securities Lawyers Often Assist Investors

The Peiffer Rosca Wolf securities lawyers assist investors who lose money as a result of brokers engaging in outside business activities. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.

Investors who believe they lost money as a result of brokers engaging in outside business activities are encouraged to contact the securities lawyers at Peiffer Rosca Wolf, Alan Rosca or Joe Peiffer, for a free, no-obligation evaluation of their recovery options, at 888-998-0520.

Alan Rosca (1163 Posts)

Alan is a securities lawyer. He also teaches Securities Regulation at the Cleveland-Marshall College of Law. He focuses his legal practice on complex commercial and financial litigation and arbitration, particularly in the areas of securities and investment fraud. His office is in Cleveland, Ohio.


In our legal system, every person is innocent until and unless found guilty by a court of law or a tribunal. Whenever we reference “allegations” or charges that are “alleged,” such allegations or charges have not been proven, and are merely accusations, not findings of fault, as of the date of the blog. We do not have, nor do we undertake, a duty to continue to monitor or follow cases about which we report, and/or to publish subsequent blogs regarding various developments that may occur in such cases. Readers are encouraged to conduct their own research regarding any such cases and any developments that may or may not have occurred in such cases.