Robert Goff Of Wells Fargo Suspended By FINRA For Unauthorized Trading

FINRA suspended securities broker Robert Wylie Goff (also known as Robert Mylie Goff and Rob Goff) [CRD: 4388671, East Lansing, Michigan], according to disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Robert Goff worked for Wells Fargo Clearing Services LLC from October 18, 2022, to July 17, 2024, in East Lansing, Michigan, and previously for Fifth Third Securities Inc. from September 23, 2010, to October 24, 2022, in Owosso, Michigan. See the following information to find out more about the disclosures involving this securities broker.

FINRA Sanctioned Rob Goff For Engaging In Discretionary Trading Without Written Authorization

Notably, on January 27, 2026, FINRA issued Case: 2024082784301 sanctioning Robert Goff for infractions. Specifically, Goff was suspended for one month from associating with any FINRA member in all capacities and fined $5,000. Notably, FINRA alleged that Goff exercised discretion in investor accounts without obtaining prior written authorization and without Wells Fargo Clearing Services LLC approving the accounts as discretionary.

According to the Letter of Acceptance, Waiver, and Consent, from June 2023 to May 2024, Goff executed 46 trades in 12 investor accounts without speaking with the investors on the day of the trades. Although the investors were aware that he was using discretion, he did not have written permission, and Wells Fargo Clearing Services LLC had not formally designated the accounts as discretionary. FINRA stated that this conduct violated FINRA Rule 3260(b), which prohibits securities brokers from exercising discretionary authority in an investor’s account without prior written authorization and firm approval. FINRA also found a violation of FINRA Rule 2010, which requires securities brokers to have high ethical standards.

Wells Fargo’s Employment Termination Of Robert Goff Over Unauthorized Trading Concerns

Wells Fargo Clearing Services LLC filed a Form U5 stating that Goff was permitted to resign on July 17, 2024, after the firm reviewed concerns involving unauthorized trading in client accounts. FINRA indicated that its investigation originated from that filing.

Were You Impacted By Financial Advisor / Securities Broker Rob Goff?

Do you have concerns or questions regarding investments you made with Robert Goff? Reach out to Soreide Law Group at (888) 760-6552 or online and talk to a securities lawyer regarding a possible recovery of your investment losses. Soreide Law Group has recovered losses for clients throughout the United States. Also, our securities lawyers work on a contingency fee arrangement and advance all costs. Goff and brokerage firms Goff worked for deny allegations of sales practice violations.