Tracy Neal Wengert—Failure to Provide Documents Requested by FINRA

Ponzi scheme attorneysTracy Neal Wengert Allegedly Failed to Provide Documents Requested during the Course of a FINRA Investigation into Allegations that He Purportedly Opened Brokerage Accounts Outside His Firm, Transamerica Financial Advisors, Inc.

Tracy Neal Wengert allegedly failed to provide documents requested during the course of a FINRA investigation into purported allegations that he opened brokerage accounts outside Transamerica Financial Advisors, Inc., according to a recent Letter of Acceptance, Waiver and Consent (AWC).

Tracy Neal Wengert also allegedly engaged in unsuitable trading, the AWC reports.

The AWC also notes that, on January 30, 2015, Wengert was terminated from Transamerica “in connection with a matter in which he was alleged to have managed client accounts on a discretionary basis without approval or oversight through another broker-dealer.”

Tony Neal Wengert Barred by FINRA

Tony Neal Wengert allegedly failed to provide documents to FINRA after FINRA’s Department of Enforcement commenced an investigation into his practices in February of 2015, according to the AWC.

As a result, Tony Neal Wengert has violated FINRA Rules and has been barred by FINRA from associating with any FINRA member firm, the AWC notes.

One should also note that, according to the AWC, Tony Neal Wengert did not accept or consent, without admitting or denying the FINRA findings.

The Peiffer Rosca Wolf Securities Lawyers Often Assist Investors

The Peiffer Rosca Wolf securities lawyers assist investors who lose money as a result of 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 unsuitable trading schemes are encouraged to contact the securities 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 (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.