← Broker database 2026-03-18
Roger Allan Roemmich Barred for Refusing to Produce Documents in FINRA Investigation
According to FINRA, Roger Allan Roemmich (CRD #1293322) of Roswell, Georgia, was barred from association with any FINRA member in all capacities after refusing to produce information and documents requested by FINRA during its review of a customer arbitration filed against his member firm by former customers alleging, among other things, unsuitable investment recommendations.
The AWC was issued on March 18, 2026, with Roemmich consenting to the sanction and findings without admitting or denying the underlying allegations. FINRA's investigation arose from an arbitration claim filed by former customers, alleging that Roemmich made unsuitable investment recommendations. FINRA sought documents and information material to its investigation of those allegations. While Roemmich made a partial production initially, he subsequently stated he would no longer provide documents or information to FINRA — an outright refusal to cooperate that constitutes a violation of FINRA Rule 8210 independent of any findings on the underlying suitability allegations.
Suitability — and its successor standard under Regulation Best Interest (Reg BI) — requires brokers to make investment recommendations that are appropriate for each customer based on their individual financial situation, risk tolerance, investment objectives, and time horizon. Customer arbitration claims alleging unsuitable recommendations are among the most common complaints in the securities industry and can result in significant financial harm to investors.
FINRA's ability to investigate suitability claims and protect investors depends critically on the cooperation of the individuals involved. When a broker refuses to produce relevant documents after initially engaging with the process, the message sent to regulators — and to the market — is that the subject is unwilling to be held accountable.
Investors who believe a broker made unsuitable recommendations should know they have the right to file an arbitration claim through FINRA's Dispute Resolution Services, and that FINRA investigates patterns of such claims as part of its ongoing supervisory mandate.