oreide Law Group obtained the following information, which is available to the public, on FINRA’s website under, “Disciplinary and Other FINRA Actions, August 2017.”
Mark Charles Koehler (CRD #2873947, Chadds Ford, Pennsylvania)
was barred by FINRA for the alleged refusal to produce FINRA-requested information and documents after FINRA began an investigation following receipt of a tip that he had allegedly engaged in unsuitable trades in the account of a senior client.
FINRA’s findings stated that during its investigation, FINRA also reviewed the alleged trading in certain other of Koehler’s client accounts, including those associated with a second client and her senior client parents.
FINRA sought to investigate allegations of, among other activity, whether Koehler engaged in unsuitable trading, including short-term mutual fund switching and excessive trading in client accounts, placed undue influence on the second client before her death, and failed to disclose to his member firm his status as a named beneficiary in the second client’s will.
(FINRA Case #2014040951701)
FINRA has barred Mark Charles Koehler from acting as a broker or otherwise associating with firms that sell securities to the public.
According to FINRA’s BrokerCheck, Mark Charles Koehler has 5 disclosures on his report, 3 of them are Customer Disputes.
Mark Charles Koehler was in the securities industry for 17 years, and was listed with 8 firms, the two most recent listed below:
3/12/2015 – 06/02/2017 KOVACK SECURITIES INC – Chadds Ford, PA
12/14/2006 – 02/20/2015 CETERA ADVISOR NETWORKS LLC – CHADDS FORD, PA
If you or your elderly loved one have experienced losses due to the actions or recommendations of former Kovack Securities and Cetera Advisor Network broker from Chadds Ford, Pennsylvania, Mark Charles Koehler, contact Soreide Law Group for a no-cost consultation with an experienced securities lawyer regarding the possible recovery of your investment losses through a FINRA arbitration at: 888-760-6552.
Soreide Law Group represents our clients nationwide before FINRA and we operate on a contingency fee basis. Let our experience work for you.