Securities Lawyers Blog
According to the BrokerCheck records kept by Financial Industry Regulatory Authority (FINRA) broker Robert “Rusty” Tweed (Tweed) has been the subject of at least 8 customer complaints and one termination from a brokerage firm for cause. The customer complaints against Tweed allege a number of securities law violations including that the broker made unsuitable investments, breach of fiduciary duty, misrepresentations and false statements, and securities fraud, among other claims. The securities involved in the customer disputes include private placements, tenants-in-common (TICs), and variable annuities.
Tweed entered the securities industry in 1993. From February 2005, until February 2007, Tweed was registered with United Securities Alliance, Inc. From February 2007, until October 2010, Tweed was associated with CapWest Securities, Inc. (CapWest) Thereafter, from August 2010, until April 2011, Tweed was registered with brokerage firm MAM Securities, LLC. Tweed went back to CapWest from April 2011, until August 2011. Finally, Tweed has been registered with Concorde Investment Services, LLC since August 2011.
In addition to Tweed’s registrations, his BrokerCheck records reveal a number of other business ventures that Tweed is involved with including Tweed Financial Services, the Exeter Group LLC, Athenian Fund, LLC, Waterloo LLC, TFS Properties, Inc., Starpoint Energy, LLC, Tweed Marketing Services, LLC, and Tax Guard 1031.