Last Updated: February 2024 (Kearneysville, WV)
Cody Roos Investigation Summary
Here’s what you need to know about Kearneysville, WV, stockbroker Cody Roos:
- Name: Mr. Cody Robert Roos
- Current Employer: Currently suspended by FINRA
- DBA: Stewardship Investment Services, Stewardship Financial Group, Good Honest Tax
- Previous Firms: LPL Financial, Park Avenue Securities
- Function: Stock Broker/ Financial Advisor
- Aliases: Cody Roos
- Primary Location: Kearneysville, WV
- CRD 6694181
- Can Cody Roos be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: Yes
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Cody Roos As Your Stockbroker?
In 9/2023 Cody Roos was suspended for four months (ending 2/1/2024) and fined $5,000 for forging or falsifying customer signatures on account documents. Roos falsely attested in annual compliance questionnaires that he had not signed customer signatures.
According to the FINRA Letter of Acceptance, Waiver and Consent, Roos forged or falsified the electronic signatures of 30 customers on 53 account documents in violation of FINRA Rules 2010 and 4511.
FINRA Rule 2010 states that “a member, in the conduct of its business, shall observe high standards of commercial honor and just and equitable principles of trade.”
FINRA Rule 4511 requires members to “make and preserve books and records as required under the FINRA rules, the Exchange Act and the applicable Exchange Act rules.” Exchange Act Rule 17a-3 requires firms to maintain records of brokerage accounts. Inherent in the obligation to make and preserve books and records is the requirement that they be accurate. A registered representative who falsifies firm records causes the firm to maintain inaccurate records and, thereby, violates FINRA Rule 4511.
FINRA Findings of Broker Misconduct Against Cody Roos
FINRA has found that Cody Roos committed the following wrongdoing in connection with the handling of customer accounts:
- Forged or falsified customer signatures on account documents
Investigations involving forgery by financial advisors
The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.
Recover Your Investment Losses Now With Rex Securities Law
Investigation of LPL Financial and LPL Brokers
If you have suffered investment losses in an account handled by Cody Roos, contact us for a complimentary consultation with an experience securities lawyer to learn how you may be able to recover damages through FINRA arbitration.
With offices in Boca Raton, FL and Austin, TX, stockbroker fraud attorney Bob Rex provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers, financial advisors and broker dealers.
If you have questions about how your account has been handled, call (877) 224-3199 to speak with an experienced securities attorney at no cost to you.
Most cases are handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.
