FINRA Bars Daniel Bicket

Soreide Law Group is investigating possible investor claims against securities broker Daniel Lee Bicket (also known as Dan Bicket) [CRD: 1366026, Reinbeck, Iowa]. Notably, FINRA sanctioned the securities broker, who worked for Northwestern Mutual Investment Services LLC. Allegedly, Bicket failed to testify during an investigation into possible FINRA rule violations. Here is a brief summary of FINRA’s allegations against Bicket.

FINRA Bars Daniel Bicket For Failure To Testify

Particularly, on July 14, 2022, FINRA issued Case: 2021071798401, which contains sanctions against Daniel Bicket for infractions. Specifically, Bicket was barred as a securities broker. Mainly, FINRA alleged that Bicket failed to testify during an investigation into possible FINRA rule violations.

Namely, FINRA says that in June 2022, Bicket was sent a notice to appear for testimony. This apperance concerned allegations that Bicket sold equity indexed annuities in violation of FINRA rules and his firm’s supervisory procedures. Evidently, on June 30, 2022, FINRA sent a request for Bicket to appear for testimony. On that same date, Bicket indicated that he had received FINRA’s request but would not appear for testimony at any time. Bicket violated FINRA Rules 2010 and 8210 as a result.

Northwestern Mutual Investment Services LLC Disaffiliates With Securities Broker For Outside Business Activities

Specifically, on June 1, 2021, Northwestern Mutual Investment Services LLC terminated the registration of Bicket. Evidently, Northwestern Mutual Investment Services LLC alleged that Bicket engaged in an undisclosed outside business activity.

Bicket Employment Information

Bicket worked for Northwestern Mutual Investment Services LLC in Reinbeck, IA, as a securities broker from May of 1985 to June of 2021.

Did Northwestern Mutual Investment Services LLC Securities Broker Daniel Bicket Cause You To Experience Damages?

Have you experienced damages because of Daniel Bicket? If so, contact Soreide Law Group at (888) 760-6552 and consult with a securities attorney regarding the potential recovery of your investment losses or other damages. Soreide Law Group, who has effectively recovered money for many investors throughout the United States, represents clients on a contingency fee basis and advances costs. Bicket and brokerage firms Bicket worked for deny accusations of sales practice violations.