Jeremy Rosen (Jeremy Seth Rosen CRD# 5513416) is a broker currently registered with Nationwide Planning Associates, Inc. (CRD# 31029) in Easton, Pennsylvania.
Jeremy Rosen has multiple customer disputes alleging unsuitable investments. In the securities industry since 2008, he was previously registered with Berthel, Fisher & Company Financial Services, Inc. (CRD# 13609) and Planned Financial Programs, Inc. (CRD# 3049).
Jeremy Rosen Disclosures
Rosen’s publicly-available FINRA BrokerCheck report lists 5 disclosures, all customer disputes:
April, 2020: A customer dispute alleged that “the trading strategy utilized from 2016-2019 was unsuitable and that false representations were made to them. The clients also allege the firm failed to supervise the activities of the representative.” The dispute is pending as of this writing.
March, 2020: A customer from Rosen’s clients alleges that “the investments they made in 2016 through 2019 were unsuitable and misrepresented to them by the representative. The clients also allege the firm failed to supervise the actions of the representative.” The dispute is pending as of this writing.
January, 2020: A customer dispute alleged that investments made in their advisory account over a period of several years were unsuitable and that the firm failed to supervise Rosen. $140,000 in damages are requested and the dispute is pending as of this writing.
July, 2019: A customer dispute alleged that “between 2016-2019 the advisor invested their advisory accounts recklessly which has jeopardized their family’s future.” The dispute is pending as of this writing.
July, 2019: A customer dispute alleged that “between 2016-2019 she was a conservative investor and that the investment strategy used by her advisor was not conservative.” The dispute was settled for $110,000.
Allegations Of Unsuitable Investments
Unsuitability is when a broker puts an investor in a product that is not appropriate for their investment goals, risk tolerance, or financial situation. Of course, a broker can’t know what’s suitable or unsuitable for their client unless they have an understanding of their investment profile.
FINRA Rule 2111 requires a FINRA member or associated person to know their investor’s profile and have a reasonable basis to believe a transaction they are recommending is suitable to them.
Considerations for understanding an investor’s profile include their age, financial needs, liquidity needs, and more. Brokers have been known to ignore their customer’s investor profile and sell the product that pays the highest commission. If that product causes losses, investors may be able to recover them through FINRA arbitration.
Did You Invest With Jeremy Rosen Or Nationwide Planning Associates?
If you have losses due to unsuitability, misrepresentation, or any other cause, contact Scott Silver of the Silver Law Group at email@example.com or toll free at (800) 975-4345 for a no-cost consultation to discuss your options.
Silver Law Group has extensive experience helping investors recover losses due to unsuitable investments, misrepresentation, and stockbroker misconduct. Most cases are taken on a contingent fee basis, so nothing is owed unless money is recovered.