Mark Koehler—Unsuitable Trading

Ponzi scheme recovery attorneysMark Charles Koehler Allegedly Engaged in Unsuitable Trading, Including Short-term Mutual Fund Switching and Excessive Trading in Customer Accounts; Koehler also Allegedly Placed Undue Influence before a Customer’s Death

Mark Koehler allegedly engaged in unsuitable trading, including short-term mutual fund switching and excessive trading in customer accounts, according to a recent Letter of Acceptance, Waiver and Consent (AWC) currently under review by attorneys Alan Rosca and James Booker.

Investors who believe they may have lost money in activity related to Mark Koehler’s alleged unsuitable trading are encouraged to contact attorneys Alan Rosca or James Booker with any useful information or for a free, no obligation discussion about their options.

The Peiffer Rosca Wolf securities lawyers are currently investigating Mark Koehler’s alleged unsuitable trading.

Mark Koehler, the AWC further alleges, also purportedly placed undue influence on another customer before her death, and also allegedly failed to disclose his status as a named beneficiary in the second customer’s will to his member firm.

Mark Koehler Barred by FINRA; Koehler Allegedly Refused to Produce Information and Documents Requested by FINRA in the Course of an Investigation Regarding Unsuitable Trades in the Account of a Senior Citizen

Koehler, in December 2006, reportedly became associated with Cetera Advisor Networks LLC as a General Securities Representative in Chadds Ford, Pennsylvania, according to the aforementioned AWC currently under review by attorneys Alan Rosca and James Booker.

By February 20, 2015, Cetera had allegedly filed an initial Uniform Termination Notice of Securities Industry Registration stating that Koehler had been fired on January 23, 2015.

The trouble began when, in April 2014, FINRA reportedly opened an investigation in April 2014 after getting a tip that Koehler had engaged in unsuitable trades in the account of a senior customer, known only as R.P., the AWC notes.

What is more, FINRA also reportedly reviewed trading in certain other of Koehler‘s customer accounts, including those associated with another customer, known only as M.K., and her senior customer parents, the AWC reports.

FINRA, the AWC states, allegedly sought to investigate, among other activity, whether Koehler engaged in unsuitable trading, including short-term mutual fund switching and excessive trading in customer accounts, and whether he placed undue influence on customer R.P. before her death, and failed to disclose his status as a named beneficiary in customer R.P.’s will to his employing broker-dealer, Cetera.

Koehler allegedly failed to answer FINRA’s request for documents and information and therefore violated FINRA Rules and, hence, has been barred by FINRA from associating with any FINRA member in any capacity, the AWC notes.

One should also note that, according to the AWC, Mark Koehler neither admitted nor denied the FINRA findings.

Securities Lawyers Investigating

The Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of investment fraud and are currently investigating Mark Koehler’s alleged unsuitable trading. 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 Mark Koehler’s alleged unsuitable trading may contact the securities lawyers at Peiffer Rosca Wolf, Alan Rosca or James Booker, for a free no-obligation evaluation of their recovery options, at 888-998-0520 or via e-mail at arosca@prwlegal.com or jbooker@prwlegal.com.

Alan Rosca (1206 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.