Daniel Gregory Retzke—Selling Away, Failure to Comply with FINRA Investigation
Daniel Gregory Retzke Allegedly Sold Away Shares While Working for Edward Jones
Daniel Gregory Retzke allegedly solicited a loan from an Edward Jones customer, and sold private securities offerings away from his firm without prior approval or knowledge from Edward Jones, according to a recent FINRA Letter of Acceptance, Waiver and Consent (AWC).
In addition, the AWC further alleges, Retzke reportedly failed to provide documents and information as requested by FINRA staff in violation of FINRA Rules.
Daniel Gregory Retzke Barred From FINRA in Any Capacity
Retzke, who first entered the securities industry in December 1983 when he became registered as a General Securities Representative with Edward Jones, was the focus of a FINRA investigation which began in January 2015 when FINRA’s Department of Enforcement looked into Retzke’s business dealings to determine whether he engaged in unapproved private securities offerings “away” from Edward Jones, the AWC notes.
In connection with this investigation, the AWC further alleges, FINRA sent Retzke a request for documents and information on or before January 30, 2015. Retzke acknowledged receipt of FINRA’s request, and informed staff he would not cooperate with FINRA’s investigation, the AWC notes.
FINRA requires persons associated with a FINRA member to “provide information orally, in writing, or electronically . . . with respect to any matter involved in the investigation…” Retzke allegedly failed to provide information and documents in response to FINRA’s request, and therefore violated FINRA Rules, the AWC reports. As a result, Retzke has been barred from associating with any FINRA member firm in any capacity.
The Peiffer Rosca Wolf Investment Rights Lawyers Often Represent Investors
The Peiffer Rosca Wolf investment rights lawyers often represent investors who lose money as a result of investment misconduct. 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 investment misconduct may contact the investment rights lawyers at Peiffer Rosca Wolf, Alan Rosca or Joe Peiffer, for a free, no-obligation evaluation of their recovery options, at 888-998-0520.