← Broker database 2026-01-26
Patrick Michael Roraff Suspended by FINRA for Failure to Provide Information
According to FINRA, Patrick Michael Roraff was suspended from association with any FINRA member firm in January 2026 pursuant to FINRA Rule 9552(d), for failure to provide information or keep information current as required by FINRA rules. The suspension became effective January 26, 2026.FINRA Rule 9552(d) is a summary suspension mechanism used when registered persons fail to meet their ongoing obligations to provide information or maintain accurate registration disclosures. A suspension under this rule is distinct from a permanent bar—it can be lifted if the individual cures the underlying deficiency within the applicable timeframe. However, failure to remedy the situation can lead to a permanent bar under Rule 9552(h). The requirement to maintain current information is a bedrock obligation for all registered persons, enabling FINRA to monitor industry participants and allowing investors to rely on accurate public records through tools like FINRA BrokerCheck.The specific circumstances of Roraff's information failure are not described in detail in the public disciplinary report. His suspension prevents him from associating with any FINRA member firm for the duration of the suspension period. Investors who worked with Roraff should review their account history for any concerns and can check FINRA BrokerCheck for his regulatory record and suspension status. Investors should always verify a broker's current registration status before engaging their services, as suspended individuals are not permitted to conduct a securities business on behalf of a FINRA member firm.