Last Updated: March 2025 (St. Louis, MO)
Peter Reinecke Investigation Summary
Here’s what you need to know about St. Louis, MO, stockbroker Peter Reinecke:
- Name: Mr. Peter Frederick Reinecke
- Current Employer: Not currently registered with FINRA
- Previous Firms: Saxony Securities, LPL Financial, dba Family Wealth Advisors, Arsenal Capital Management, Arsenal Capital Advisors
- DBA: Family Wealth Advisors, Arsenal Capital Management, Arsenal Capital Advisors
- Function: Stock Broker/ Financial Advisor
- Aliases: Peter Reinecke
- Primary Location: St. Louis, MO
- CRD 2085940
- Can Peter Reinecke be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: No
- Highest Settlement or Award: $900,000
- Pending Customer Dispute Seeks Damages of $13,000,000
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Peter Reinecke As Your Stockbroker?
In a pending FINRA arbitration a customer of Saxony Securities seeks damages of $13,000,000 and alleges that Reinecke recommended risky and speculative private placement investments. FINRA Case 23-03646.
In 3/2022 customers of Peter Reinecke while he was employed by LPL Financial & Saxony Securities was paid $900,000 to resolve allegations that he made unsuitable recommendations which caused the majority of their assets to be concentrated in speculative and illiquid private companies. In addition Reinecke borrowed money from the customers and had a personal interest in the private companies where Reinecke invested the customer’s funds.
Allegations of Broker Misconduct Against Peter Reinecke
Customers of Peter Reinecke have alleged the following wrongdoing in connection with the handling of customer accounts:
- Unsuitable Investment Recommendation to invest in illiquid and speculative private companies from 2010 to present
- Borrowed money from the customers
- Reinecke had personal interest in the companies he recommended
Private Placements under Reg D: What is a Private Placement? According to the U.S. Securities and Exchange Commission (SEC): “Under the federal securities laws, a company may not offer or sell securities unless the offering has been registered with the SEC or an exemption from registration is available. Offerings exempt from the SEC’s registration requirements pursuant to Securities Act Section 4(a)(2) or its safe harbor under Regulation D of the Securities Act are often referred to as private placements.”
The SEC warns that unregistered offerings may be utilized to conduct investment scams and that investors should have the ability to weather a total loss in these illiquid investments. See this SEC Investor Alert about red flags to watch out for in unregistered offerings.
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.
Peter F. Reinecke Affiliated Companies
- Kypha Inc.
- Common Place Holdings
- Arsenal Capital Advisors
- Citizens Bank Advisory
- Sho-Me Venture Fund
- WEll Opp-DBA- Homeward Healthcare LLC
- Datanalytics, DBA Juristat Inc.
- Harbor Medtech Corp.
- Bonfyre LLC
- Deck Commerce
- Aptimmune Biologics
- Ideate Medical
- Bison Capital Advisors
Recover Your Investment Losses Now With Rex Securities Law
If you have suffered investment losses in an account handled by Peter Reinecke, 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.