Keith Moore Of Sutter Securities Charged By FINRA With Failure To Supervise

Financial Industry Regulatory Authority initiated a complaint against securities broker Keith Charles Moore [CRD: 5191450, Irvine, California], based on public information on BrokerCheck. Moore worked for Sutter Securities Clearing LLC from August 24, 2017, to February 16, 2024, and Sutter Securities Incorporated from April 17, 2019, to February 16, 2024. Continue reading to learn more about Moore’s disclosures.

FINRA Charged Moore With Supervisory Violations

Specifically, on January 20, 2026, the Financial Industry Regulatory Authority initiated Case: 2021071987902 against Keith Moore. Notably, FINRA alleged that Moore failed to adequately supervise a registered representative whose trading activity was allegedly excessive and unsuitable for an elderly investor.

Trading Activity At Issue

The allegations concern two trust accounts belonging to a retired, 89-year-old investor who reportedly sought long-term growth and had a moderate risk tolerance.

FINRA alleged that a representative at Sutter Securities Incorporated completed 2,217 transactions in the accounts between March 2020 and July 2021. According to the regulator, securities were often bought and sold within short periods, and more than 90 percent of the activity involved margin.

The accounts allegedly incurred approximately $2.5 million in trading costs and more than $1.8 million in realized losses. FINRA claimed that the volume, expense, and risk of the trading did not match the investor’s stated financial profile.

Allegations Against Keith Moore

Moore allegedly served as Sutter’s chief executive officer, held an ownership interest in the firm, and directly supervised the representative.

According to FINRA, the representative claimed to be following the holdings of an outside asset manager. However, the outside manager reportedly made limited portfolio changes, while the investor’s accounts experienced repeated purchases and sales.

FINRA also alleged that nearly all orders were recorded as unsolicited despite the representative’s claimed investment strategy. The regulator contended that the transaction volume, commissions, losses, margin use, and order classifications should have caused Moore to review the activity more closely.

Alleged Supervisory Failures

FINRA alleged that Moore had access to daily trading information and commission records but did not conduct an adequate investigation or take reasonable corrective action. The regulator charged Moore with violating FINRA Rules 3110(a) and 2010. This is an ongoing matter.

Did You Sustain Losses Because Of Financial Advisor / Securities Broker Keith Moore?

Do you have concerns or questions regarding investments you made with Keith Moore? You can contact Soreide Law Group online or at (888) 760-6552 and speak with a securities attorney about a potential recovery of your investment losses. Soreide Law Group has recovered losses for hundreds of investors throughout the United States. Also, our securities lawyers work on a contingency fee arrangement and advance all costs. Moore and brokerage firms Moore worked for deny allegations of sales practice violations.