Rodger Burskey– Unsuitable Recommendations & Discretionary Trading
Rodger 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 Joe Peiffer 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 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 Joe Peiffer 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 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 Wolf, Joe Peiffer or James Booker, for a free no-obligation evaluation of their recovery options, at 504-523-2434 or via e-mail at email@example.com or firstname.lastname@example.org.