Rodger Burskey– Unsuitable Recommendations & Discretionary Trading

California stockbroker fraud attorneyRodger James Burskey Allegedly Made Unsuitable Recommendations and Engaged in Discretionary Trading

Rodger Burskey allegedly made unsuitable recommendations and engaged in discretionary trading, according to a recent FINRA Letter of Acceptance, Waiver and Consent (AWC) currently under review by attorneys Alan Rosca and James Booker.

Said AWC further alleges that Burskey, who became a General Securities Rep and a General Securities Principal with Voya Financial Advisors, Inc in 2006, came under investigation by FINRA due to the aforementioned allegations.

On November 2015 FINRA staff started an investigation to find out whether Rodger Burskey had made unsuitable recommendations or engaged in discretionary trading, the AWC states.

Then, on October 25, 2016, Burskey received a request from FINRA staff for on-the-record testimony pursuant to FINRA Rules, the AWC notes.

The aforementioned request required that Burskey appear in Chicago and provide sworn testimony on November 10, 2016, the AWC reports.

The Peiffer Rosca Wolf securities lawyers are currently investigating Rodger Burskey’s alleged unsuitable recommendations and participation in discretionary trading.

Rodger James Burskey Barred by FINRA; Burskey Allegedly Failed to Appear for On-the-record Testimony

Rodger Burskey allegedly received a request from FINRA staff to confirm his availability by November 3, 2016 and on November 10, 2016 sent FINRA staff an e-mail stating that he would not attend the scheduled on-the-record interview, according to a recent FINRA Letter of Acceptance, Waiver and Consent (AWC) presently being examined by attorneys Alan Rosca and James Booker.

Burskey, between November 23 and December 2, 2016, allegedly made exchanges with FINRA staff and the two parties spoke with each on the telephone on multiple occasions regarding FINRA’s pending investigation, the AWC notes.

Burskey, by allegedly refusing to make an appearance for on-the-record testimony, as requested pursuant to FINRA Rules, allegedly violates FINRA Rules, the AWC states.

Hence Burskey has been barred by FINRA, according to the aforementioned AWC.

Rodger Burskey, in October 1983, entered the securities industry as an Investment Company Products/Variable Contracts Representative with a FINRA-registered firm, and also allegedly has no disciplinary history, the AWC reports.

The AWC also alleges that Voya Financial Advisors, Inc, in November 2015, terminated his registration, and although Burskey is not currently registered with a FINRA firm, he remains subject to FINRA’s jurisdiction.

One should also note that, according to the AWC, Rodger Burskey 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 unsuitable recommendations and are currently investigating Rodger Burskey’s alleged unsuitable recommendations and discretionary 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 Rodger Burskey’s alleged unsuitable recommendations and discretionary 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 (1144 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.