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David Loesch is Involved in an Investor Dispute

David Loesch (CRD #: 2380024), a broker registered with Newedge Securities, is the subject of his third investor dispute. This is according to his BrokerCheck record, accessed on August 4, 2025. Keep reading if you have questions regarding his alleged conduct. 

Investor Allegations 

On April 4, 2025, an investor alleged that David Loesch failed to explain the use of margin to purchase municipal bonds and that these investments should have been discontinued when interest rates began to rise in 2022. The investor sought $179,000. 

Misrepresentation 

FINRA Rule 2020 prohibits the use of deceptive, manipulative, and otherwise fraudulent methods to influence the purchase and sale of securities. The misrepresentation or omission of material facts violates this rule.

High Standards of Commercial Honor

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Failure to explain investments may violate this rule. 

Background Information 

David Loesch has passed the following exams: 

  • Series 63 Uniform Securities Agent State Law Examination 
  • SIE – Securities Industry Essentials Examination 
  • Series 7 General Securities Representative Examination  
  • Series 24 General Securities Representative Examination 
  • Series 52TO Municipal Securities Representative Examination 

He is a registered broker in 34 states. 

David Loesch has registered with the following firms: 

  • NewEdge Securities (CRD #: 10674) 
  • WFG Investments (CRD #: 22704) 
  • First Allied Securities (CRD #: 32444) 
  • D.E. Frey & Company (CRD #: 23595) 

Kurta Law Can Help

If you worked with David Loesch and have concerns about your investments, please contact us today at 877-600-0098 or info@kurtalawfirm.com for a free consultation.

For over 20 years, Kurta Law has advocated on behalf of investors who want to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm that exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf. 

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