The FINRA records of Ronald J. Kudlacek, a stockbroker who is currently employed by VSR Financial Services & Summit Brokerage Services disclose a prior customer dispute that has been resolved. The Financial Industry Regulatory Authority…
read moreNovember 3, 2016-Overland Park, KS The Kansas City Star reports that VSR Financial, which has been in business since 1984, it shutting down and moving its brokers and customers to…
read moreOctober 2016-Houston, Texas The FINRA records of John “Brad” Wilson, a stockbroker who is currently employed by VSR Financial Services & Summit Brokerage Services disclose a prior customer dispute that has been resolved. The Financial Industry…
read moreOctober 2016-Plano, Texas The Texas State Securities Board (TSSB) entered a Disciplinary Order against M. F. (Mickey) Long II who operates First Financial Services Group in Plano, TX, and stock brokerage…
read moreSeptember 2016-Chesterfield, MO The FINRA records of Robert B. Hardcastle, a stockbroker who was formerly employed by VSR Financial Services disclose 11 prior customer disputes that are final. The Financial Industry Regulatory Authority (FINRA) is the agency that…
read moreAugust 2016-Arden Arcade, CA The FINRA records of Joel E. Archer , a stock broker who is currently employed by Summit Brokerage Services , disclose a pending customer dispute. The Financial Industry Regulatory Authority (FINRA) is the agency that…
read moreUPDATE APRIL 2018-In December 2017, Investors Capital Corp. was hit with another FINRA regulatory sanction involving mutual funds. The firm was censured and agreed to pay $437,674 in restitution to…
read moreUPDATE August 2016-Disclosure that another customer dispute has been filed. In July 2016 a customer of LPL Financial alleged damages of $19,995 for unsuitable penny stock trading and failure to…
read moreFEBRUARY 2017 UPDATE–VSR Financial has closed operations. Many of its brokers and clients have been transferred to Summit Brokerage Services, a related entity. See below for discussion of VSR’s regulatory…
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