Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jonathan Vagle (Vagle), previously associated with Fbl Marketing Services, LLC, has at least one disclosable event. These events include one tax lien, alleging that Vagle recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a final customer complaint on October 23, 2024.
Without admitting or denying the findings, Vagle consented to the sanction and to the entry of findings that he refused to appear for on-the-record testimony requested by FINRA in connection with an investigation into the circumstances of his termination from his member firm. The findings stated that the firm submitted a Form U5 disclosing that Vagle had been discharged after affiliate life insurance and property/casualty insurance companies terminated his contract for failure to follow the company’s protocols regarding insurance premium payments and client signatures.
