Daniel Gregory Retzke—Selling Away, Failure to Comply with FINRA Investigation

investment fraud lawyersDaniel 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.

Alan Rosca (1180 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.