Securities Arbitration Lawyers BlogBroker Russell Macke Banned by FINRA After Multiple Complaints, FINRA Actions, and Terminations
Churning, unsuitable investments misconduct and elder fraud among allegations that ended Macke’s career
In October 2015, the Financial Industry Regulatory Authority (FINRA) permanently banned Russell Macke from acting as a broker and from associating with any securities firms. This decision comes after numerous customer complaints, regulatory actions, employment terminations, as well as seven judgments or liens against him. Macke has been accused of churning, investment fraud, unsuitable investments as well as several other charges.
Macke has been registered in the securities industry since 1989. He was most recently registered with B.B. Graham & Company of Orange, CA (between 2012-2015). Other recent registrations include: