Last Updated: July 2025 – Fort Worth, TX
Here’s what you need to know about Fort Worth, TX, former stockbroker John Reap:
- Name: John Casey Reap
- CRD Number:1389009
- Current Status: Barred from acting as a broker or otherwise associating with a broker-dealer firm
- Most Recent Employer: Rhodes Securities, Inc. (2018–2024)
- Prior Employers: Prospera Financial Services, Inc.; Signal Securities, Inc.; H.D. Vest Investment Securities, Inc.; Fidelity Brokerage Services, Inc.
- Function: Stockbroker / Financial Advisor
- Primary Location: Fort Worth, TX
- Can John Reap be sued in FINRA arbitration? Yes
- Sanctioned by FINRA? Yes – Permanently barred
- Highest Award or Settlement:$265,000
If you’ve sustained damages from Mr. Reap, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With John Reap As Your Stockbroker? Losses on Municipal Bond Trading?
In June 2025, FINRA permanently barred John Casey Reap (Case No. 2024082436801) from associating with any FINRA-member firm. The action stemmed from Reap’s failure to comply with FINRA’s requests for documents and information during an investigation into municipal bond trading patterns at Rhodes Securities, Inc.
Reap consented to the findings and sanction through an Acceptance, Waiver, and Consent (AWC) resolution. The bar is indefinite and applies to all capacities.
Earlier in his career, Reap was also the subject of a customer dispute arising during his time at H.D. Vest Investment Securities, Inc. The allegations included:
The case (NASD Case No. 94-04271) was settled for $265,000 in 1996.
Allegations of Broker Misconduct Against John Casey Reap
- Misrepresentation
- Omission of material facts
- Unauthorized trading
- Unsuitable investment recommendations
- Failure to cooperate with a regulatory investigation regarding municipal bond trading a violation of FINRA Rule 8210
These disclosure events raise serious red flags regarding supervision, trading practices, and regulatory compliance, particularly in the context of municipal bonds and customer communications.
Recover Your Investment Losses Now With Rex Securities Law
Investigations of Other Rhodes Securities Brokers
If you have suffered investment losses in an account handled by John Casey Reap, contact us for a complimentary consultation with an experienced 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.