Oklahoma Department of Securities and FINRA sanctioned securities broker David Jerry Love [CRD: 4788074, Oklahoma City, Oklahoma], and investors complained about him, according to public information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Love worked for LaSalle St. Securities LLC from September 2, 2021, to May 31, 2024, and previously for ICMA-RC Services LLC from December 9, 2016, to August 18, 2021. Investors can see below to find out more about Love’s regulatory disclosures and employment history.
Evidently, on June 25, 2025, the Oklahoma Department of Securities sanctioned David Love. ODS File 25-035. Specifically, Love was barred indefinitely from registration as a broker-dealer, agent, investment adviser, and investment adviser representative. Notably, the regulator alleged that Love offered and sold unregistered investment contracts to advisory clients and other investors between January and May of 2024.
According to the consent order, the transactions involved pooling investor funds into a cryptocurrency wallet for trading on a secondary exchange using options and signals that were described as being generated by artificial intelligence software. Regulators further alleged that Love failed to disclose that portions of investor funds would be used to refund another investor and to cover his personal expenses. The order also stated that Love engaged in securities business activities without providing required notice to his firm, participated in private securities transactions without approval, violated firm policies, and breached fiduciary duties owed to advisory clients. The matter was resolved by consent, and the Oklahoma Department of Securities noted that the purported cryptocurrency platform and signals appeared to be fictitious.
Notably, FINRA issued Case: 2024082371501 on January 21, 2025, sanctioning David Love with a suspension followed by a permanent bar. Allegedly, Love failed to respond to FINRA requests for information. Consequently, Love was suspended and subsequently barred from association with any FINRA member in all capacities after he did not seek termination of his suspension within the required time period.
Particularly, on October 7, 2024, a Lasalle St Securities LLC client filed FINRA Arbitration No. 24-02058 about David Love. Mainly, the client alleged that he sent funds from his personal checking account to Love’s personal bank account. The client claimed that the funds originally came from his securities account at Lasalle. Supposedly, the client expected Love to invest the funds in a venture. Lasalle stated it believes the matter may have involved crypto assets and trading by Love and the client with no connection or participation by Lasalle. Because of this, the client allegedly incurred damages linked to crypto assets. Therefore, the client requested $850,000 in compensation from Lasalle St Securities LLC or Love. It appears that this arbitration is pending a resolution.
Notably, a client of MetLife Securities disputed David Love’s sales practices, according to a complaint dated January 18, 2011. Allegedly, Love recommended that the client transfer an existing variable annuity held at another firm into a new variable annuity, which the client claimed was not appropriate. It appears that Love allegedly caused the client to experience damages relating to variable annuities. As a result, the client sought compensation from MetLife Securities or Love in the amount of $8,753.36 in this matter. However, the firm denied this complaint.
Are you concerned regarding investments you made through David Love? Contact Soreide Law Group online or at (888) 760-6552 and consult with a securities attorney about a potential recovery of your investment losses. Soreide Law Group has recovered losses for investors throughout the US. Also, the firm works on a contingency fee basis and advances all costs. Love and brokerage firms Love worked for deny allegations of sales practice violations.
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