{"id":12042,"date":"2026-08-10T16:31:10","date_gmt":"2026-08-10T20:31:10","guid":{"rendered":"https:\/\/www.silverlaw.com\/blog\/?p=12042"},"modified":"2026-08-10T16:31:10","modified_gmt":"2026-08-10T20:31:10","slug":"sutter-securities-subject-of-finra-complaint-after-churning-allegations","status":"publish","type":"post","link":"https:\/\/www.silverlaw.com\/blog\/sutter-securities-subject-of-finra-complaint-after-churning-allegations\/","title":{"rendered":"Sutter Securities Subject Of FINRA Complaint After Churning Allegations"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-10372 size-full\" src=\"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2022\/01\/FiverRecoverysmall.jpg\" alt=\"Investment bank Sutter Securities has been served with a complaint by FINRA that it engaged in churning an elderly investor\u2019s account. Former Sutter part-owner and CEO Keith Moore was also named in the complaint for making recommendations to the unnamed broker on behalf of this customer.\n\nFINRA\u2019s complaint details how Sutter engaged in churning\u2014excessive trading to generate higher commissions\u2014that brought in $2.9 million in commissions to the firm. This figure represents 35% of the firm\u2019s commissions during the period. The firm generated over $8 million in total commissions during the relevant period.\n\nThe charges include violations of Regulation Best Interest by both Sutter and Moore, holding them responsible for allowing the broker to engage in excessive trading, failing to supervise the broker, and ignoring multiple warnings and red flags.\" width=\"300\" height=\"200\" srcset=\"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2022\/01\/FiverRecoverysmall.jpg 300w, https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2022\/01\/FiverRecoverysmall-180x120.jpg 180w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/>Investment bank Sutter Securities has been served with a complaint by FINRA that it engaged in churning an elderly investor\u2019s account. Former Sutter part-owner and CEO Keith Moore was also named in the complaint for making recommendations to the unnamed broker on behalf of this customer. <a href=\"https:\/\/www.silverlaw.com\/blog\/sutter-securities-subject-of-finra-complaint-after-churning-allegations\/#more-12042\" class=\"more-link\">Continue reading \u203a<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Investment bank Sutter Securities has been served with a complaint by FINRA that it engaged in churning an elderly investor\u2019s account. Former Sutter part-owner and CEO Keith Moore was also named in the complaint for making recommendations to the unnamed broker on behalf of this customer. Continue reading \u203a<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[589,580],"tags":[],"class_list":["post-12042","post","type-post","status-publish","format-standard","hentry","category-churning-2","category-stockbroker-misconduct"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Sutter Securities Subject Of FINRA Complaint After Churning Allegations &#8212; Securities Arbitration Lawyers Blog &#8212; August 10, 2026<\/title>\n<meta name=\"description\" content=\"Investment bank Sutter Securities has been served with a complaint by FINRA that it engaged in churning an elderly investor\u2019s account. Former Sutter &#8212; August 10, 2026\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.silverlaw.com\/blog\/sutter-securities-subject-of-finra-complaint-after-churning-allegations\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Sutter Securities Subject Of FINRA Complaint After Churning Allegations &#8212; Securities Arbitration Lawyers Blog &#8212; August 10, 2026\" \/>\n<meta name=\"twitter:description\" content=\"Investment bank Sutter Securities has been served with a complaint by FINRA that it engaged in churning an elderly investor\u2019s account. Former Sutter &#8212; August 10, 2026\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2022\/01\/FiverRecoverysmall.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Silver Law Group\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Sutter Securities Subject Of FINRA Complaint After Churning Allegations &#8212; Securities Arbitration Lawyers Blog &#8212; August 10, 2026","description":"Investment bank Sutter Securities has been served with a complaint by FINRA that it engaged in churning an elderly investor\u2019s account. Former Sutter &#8212; August 10, 2026","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.silverlaw.com\/blog\/sutter-securities-subject-of-finra-complaint-after-churning-allegations\/","twitter_card":"summary_large_image","twitter_title":"Sutter Securities Subject Of FINRA Complaint After Churning Allegations &#8212; Securities Arbitration Lawyers Blog &#8212; August 10, 2026","twitter_description":"Investment bank Sutter Securities has been served with a complaint by FINRA that it engaged in churning an elderly investor\u2019s account. Former Sutter &#8212; August 10, 2026","twitter_image":"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2022\/01\/FiverRecoverysmall.jpg","twitter_misc":{"Written by":"Silver Law Group","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.silverlaw.com\/blog\/sutter-securities-subject-of-finra-complaint-after-churning-allegations\/#article","isPartOf":{"@id":"https:\/\/www.silverlaw.com\/blog\/sutter-securities-subject-of-finra-complaint-after-churning-allegations\/"},"author":{"name":"Silver Law Group","@id":"https:\/\/www.silverlaw.com\/blog\/#\/schema\/person\/de64d999508b1ad10d608a99f0d2e752"},"headline":"Sutter Securities Subject Of FINRA Complaint After Churning Allegations","datePublished":"2026-08-10T20:31:10+00:00","mainEntityOfPage":{"@id":"https:\/\/www.silverlaw.com\/blog\/sutter-securities-subject-of-finra-complaint-after-churning-allegations\/"},"wordCount":544,"image":{"@id":"https:\/\/www.silverlaw.com\/blog\/sutter-securities-subject-of-finra-complaint-after-churning-allegations\/#primaryimage"},"thumbnailUrl":"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2022\/01\/FiverRecoverysmall.jpg","articleSection":["Churning","Stockbroker Misconduct"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.silverlaw.com\/blog\/sutter-securities-subject-of-finra-complaint-after-churning-allegations\/","url":"https:\/\/www.silverlaw.com\/blog\/sutter-securities-subject-of-finra-complaint-after-churning-allegations\/","name":"Sutter Securities Subject Of FINRA Complaint After Churning Allegations &#8212; Securities Arbitration Lawyers Blog &#8212; August 10, 2026","isPartOf":{"@id":"https:\/\/www.silverlaw.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.silverlaw.com\/blog\/sutter-securities-subject-of-finra-complaint-after-churning-allegations\/#primaryimage"},"image":{"@id":"https:\/\/www.silverlaw.com\/blog\/sutter-securities-subject-of-finra-complaint-after-churning-allegations\/#primaryimage"},"thumbnailUrl":"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2022\/01\/FiverRecoverysmall.jpg","datePublished":"2026-08-10T20:31:10+00:00","author":{"@id":"https:\/\/www.silverlaw.com\/blog\/#\/schema\/person\/de64d999508b1ad10d608a99f0d2e752"},"description":"Investment bank Sutter Securities has been served with a complaint by FINRA that it engaged in churning an elderly investor\u2019s account. 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