Steven Rodemer is a barred broker last registered with Stifel, Nicholas & Company, Incorporated in Pueblo, Colorado. Rodemer’s record shows that he was barred in all capacities from associating with a FINRA member firm for refusing to cooperate with a FINRA investigation. In January, 2020, Rodemer was discharged from Stifel, Nicholas over an allegation that he made an unauthorized withdrawal from a client’ account.
Before working for Stifel, Nicholas starting in 2011, Rodemer was previously registered with Sanders Morris Harris Inc. (CRD# 20580), Cascade Investment Group, Inc. (CRD# 35844), Salomon Smith Barney Inc. (CRD# 7059), Lehman Brothers Inc.(CRD# 7506), E.F. Hutton & Company Inc. (CRD# 235), IDS Life Insurance Company (CRD# 6321), IDS Marketing Corporation (CRD# 6363), Investors Diversified Services (CRD# 6320). He had been in the industry since 1976.
Steven Rodemer Disclosures
Steven Rodemer (Steven Dale Rodemer) has 3 disclosures on his publicly-available FINRA BrokerCheck report (CRD# 830561), including 1 customer dispute, 1 employment separation after allegations, and 1 regulatory disclosure:
March, 2020: A regulatory filing states “Without admitting or denying the findings, Rodemer consented to the sanction and to the entry of findings that he refused to provide on-the-record testimony requested by FINRA during its investigation into the conduct disclosed in a Form U5 submitted by his member firm. The findings stated that the firm submitted the Form U5 terminating Rodemer for taking money from a client account for his personal use without authorization.” As a result, Rodemer was barred in all capacities from associating with a FINRA member firm.
January, 2020: Rodemer was discharged from Stifel, Nicholas & Company, Incorporated over an allegation that he “took money from a client account for his personal use without authorization.”
October, 1984: A customer dispute alleged breach of fiduciary duty and requested $50,000 in damages. The case settled for $17,000.
Stockbroker Theft Not Uncommon
Investors understand that there are risks associated with any investment and losing money is always a possibility. However, some losses don’t come from investment losses, but from stockbroker theft.
Stockbroker theft is prevalent and FINRA reports numerous cases of stockbrokers wrongly taking money from clients. Investors may not immediately notice when funds disappear from their account. Brokers have access to private information about their clients, which can allow them to steal from their clients without being detected.
Contact Silver Law Group If You Have Losses With Steven Rodemer Or Stifel, Nicolaus & Company
Silver Law Group has seen a rise in cases involving misappropriation or conversion of customer funds by stockbrokers including forged checks, improper wire transfers and personal loans to stockbrokers and the “opportunity” to invest in non-existent businesses often created by the stockbroker financial advisor.
Silver Law Group investigates cases of stockbroker theft and currently represents victims of a barred broker who is accused of fraud and misappropriation. Our firm has filed FINRA arbitration claims against Stifel, Nicholas & Company, and represents investors nationwide in cases of stockbroker misconduct and securities and investment fraud. Scott Silver, Silver Law Group’s managing partner, is the chairman of the Securities and Financial Fraud Group of the American Association of Justice. Contact Scott Silver today at (800) 975-4345 or at email@example.com for a no-cost consultation.