Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) on July 6, 2016 indicate that former Iowa-based Cambridge Investment Research broker Gary Speicher is currently not licensed to act as a broker or an investment adviser. The securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Speicher (CRD# 818104).
Gary Speicher has spent 34 years in the securities industry and was most recently registered with Cambridge Investment Research in Cedar Rapids, Iowa (2009-2016). Previous registrations include Sagepoint Financial in Cedar Rapids, Iowa (2008-2009); American General Securities in Cedar Rapids, Iowa (1997-2008); and USLife Equity Sales in New York, New York (1982-1997). He is currently not registered with any state or firm.
According to his BrokerCheck report, Gary Speicher has received one pending customer complaint and is the subject of a pending regulatory investigation.
In April 2016, Gary Speicher was “permitted to resign” from Cambridge Investment Research following allegations of “failing to report client complaint and ongoing regulatory inquiry related to fixed insurance alleging accepting gifts from customers, using dishonest practices and demonstrating untrustworthiness, and dishonest or unethical practices in insurance business.”
In April 2016, a customer alleged Gary Speicher, while employed at Cambridge Investment Research, improperly transferred ownership of an insurance policy to himself. The customer is seeking unspecified damages in the pending complaint.
In March 2016, Gary Speicher was named respondent in a FINRA investigation into allegations of “accepting gifts from customers, using dishonest practices and demonstrating untrustworthiness, and dishonest or unethical practices in insurance business.” The investigation remains pending.
If you have suffered losses while investing with Gary Speicher, you may be entitled to a recovery. Call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. All cases are taken on contingency: we only get paid if and when you collect money. Time to file your claim may be limited, so we suggest you avoid delay. Call 877-238-4175 now to speak to an attorney for free.