Investors potentially incurred losses because of securities broker Mark Robert Brosa [CRD: 5481188, Lawrence, Kansas], given the public information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Mark Brosa worked for Ameriprise Financial Services LLC from April 17, 2020, to March 22, 2024. Keep reading to learn more about the disclosures involving Mark Brosa.
FINRA Sanctioned Brosa For Failure To Respond To FINRA
Specifically, on February 24, 2025, FINRA issued Case: 2024081673701 sanctioning Mark Brosa. Specifically, Brosa was permanently barred from associating with any FINRA member firm in all capacities following an indefinite suspension. Notably, FINRA alleged that Brosa failed to respond to FINRA requests for information.
According to FINRA, the regulator initiated the matter on November 19, 2024, seeking a suspension after Brosa allegedly did not provide requested information during an investigation. FINRA stated that Brosa did not request termination of his suspension within three months after the Notice of Suspension was issued. As a result, FINRA automatically barred Brosa on February 24, 2025.
Mark Brosa Disclosed Client Loan Allegations By Ameriprise Financial Services LLC Client
Also, a client of Ameriprise Financial Services LLC contested Mark Brosa’s sales practices, according to a complaint. Allegedly, Brosa failed to repay client funds after requesting and borrowing $40,000 from the client between December 2023 and January 2024 with a promise to repay the money. Consequently, Ameriprise Financial Services LLC agreed to settle the matter on August 21, 2024, by compensating the client in the amount of $50,800.
Have You Made Investments Through Financial Advisor / Securities Broker Brosa?
Are you concerned about investments you made through Mark Brosa? You can contact Soreide Law Group online or at (888) 760-6552 and consult with a securities attorney regarding a potential recovery of your investment losses. Soreide Law Group has recovered losses for hundreds of individuals throughout the United States. Also, our securities lawyers handle cases on a contingency fee basis and advance all costs. Brosa and brokerage firms Brosa worked for deny accusations of sales practice violations.
