Financial Industry Regulatory Authority (FINRA) sanctioned securities broker Keith Wesley Schongar [CRD: 6215149, Greenwood Village, Colorado], based on public information on FINRA BrokerCheck. Schongar worked for TD Ameritrade Inc. from February 26, 2018, to January 11, 2021, and Empower Financial Services Inc. from January 5, 2023, to October 22, 2025. Continue reading to learn more about Schongar’s disclosures.
Evidently, on May 15, 2026, FINRA issued Case 2025086941701, permanently barring Keith Schongar from associating with any FINRA member in all capacities. Notably, FINRA alleged that Schongar failed to respond to requests for information.
FINRA initially suspended Schongar following notices dated February 12, 2026, and March 9, 2026. Under FINRA Rule 9552(h), Schongar became automatically barred after he did not request termination of the suspension within three months of the suspension notice.
Keith Schongar is the subject of an investigation initiated by FINRA on October 1, 2025, into allegations that Schongar was connected to transactions involving funds transferred from a Charles Schwab Co. investment account on which Schongar was an authorized party while associated with Empower Financial Services.
Empower stated that its compliance personnel met with Schongar and provided him with FINRA’s request and response deadline. According to the firm, Schongar agreed to submit a written response but later became unresponsive. Empower allegedly terminated Schongar on October 16, 2025, for lack of cooperation.
Did you experience losses because of Keith Schongar? You can contact Soreide Law Group online or at (888) 760-6552 and consult with a securities attorney concerning a possible recovery of your investment losses. Soreide Law Group has recovered losses for many investors throughout the country. Also, our securities lawyers handle cases on a contingency fee arrangement and advance all costs. Schongar and brokerage firms Schongar worked for deny allegations of sales practice violations.
GWG L bonds are at the center of a FINRA arbitration claim that Soreide Law Group filed in July 2026 for a retired couple in their eighties. The claim names Ernesto Chavez (CRD: 4315877) and Western International Securities. Attorney Lars K. Soreide signed the statement of claim, dated July 16, 2026. It alleges damages of […]
Ernesto Chavez (CRD: 4315877) faces a new pending claim on BrokerCheck over an investment made in 2018. The customer alleges $180,000 in damages, and no arbitrator has ruled on the claim.
William Tunink (CRD: 2738224) settled a customer claim for $299,000 on August 11, 2026, according to his BrokerCheck report. The customer alleged that he obtained loans from the customer, and that some of the money went into an investment.
Phone:
Fax: 1-954-760-6553
Email: [email protected]