← Broker database 2026-03-26
Hanspeter Schiegg Suspended from Securities Industry for Failure to Provide Information to FINRA
According to FINRA, Hanspeter Schiegg (CRD #2465580) of Glattbrugg, Switzerland, was suspended from association with any FINRA member in all capacities pursuant to FINRA Rule 9552(d) for failure to provide information or keep information current as required by FINRA. The suspension became effective on March 26, 2026, under FINRA Case #2025086364101.
The fact that Schiegg is located in Switzerland underscores that FINRA's regulatory authority extends to all registered persons regardless of geographic location. Individuals who hold FINRA registrations while residing or working abroad remain fully subject to FINRA's rules, including all information and disclosure obligations. Global financial markets mean that securities professionals may operate across borders, but their regulatory obligations follow them.
FINRA Rule 9552(d) applies equally to all registered persons — domestic or international. The requirements to keep registration information current, respond to FINRA requests for information, and disclose reportable events are universal conditions of FINRA registration and do not vary based on a registrant's country of residence.
The application of FINRA's rules to international registrants is particularly important given the cross-border nature of modern securities markets. Investors working with internationally-based brokers or dealing with foreign-affiliated firms deserve the same regulatory protections as those working with domestic professionals. FINRA's global enforcement of its information requirements ensures that the registration system maintains its integrity regardless of where a registrant is physically located.
During the period of suspension, Schiegg may not perform any activities in the United States requiring FINRA registration. Failure to resolve the underlying deficiency within the applicable period may result in escalation to a permanent bar.
Investors working with brokers affiliated with foreign entities or who themselves reside abroad should verify registration status through FINRA BrokerCheck, which tracks the regulatory status of all FINRA registrants regardless of location.