Jack Jarrel Under Investigation For Violating the Investment Advisers Act

Jack JarrelPublicly available records provided by the Securities and Exchange Commission (SEC) on November 3, 2016 indicate that Washington-based OAG Wealth Management adviser Jack Jarrel is the subject of a pending regulatory complaint. The securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Jarrel (IAR# 168951).

Jack Jarrel has been registered with OAG Wealth Management in Kirkland, Washington since 2013 and JTVentures, doing business as Omega Advisory Group, in Kirkland, Washington since 2004. Previous registrations include American Pacific Mortgage in Mount Lake Terrace, Washington (2011-2012). He has passed one securities exam, according to SEC records: the Series 65, or Uniform Investment Adviser Law Examination, which he passed in September 2013.

According to his Investment Adviser Representative Summary, Jack Jarrel is the subject of a pending SEC complaint.

In June 2016 the SEC named Jack Jarrel respondent in a complaint alleging he “acted as an unregistered broker and sold unregistered securities and that he also violated the Investment Advisers Act by failing to disclose his compensation to his adviser clients.” The complaint, filed in federal court in Minnesota, remains pending. The SEC is seeking an injunction, disgorgement, and civil and administrative penalty/penalties and/or fine/s.

If you or someone you know has lost money investing with Jack Jarrel or OAG Wealth Management, call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup your losses. Fitapelli Kurta accepts all cases on a contingency basis: we only get paid if and when you collect money. Time to file your claim may be limited by securities laws and regulations, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.