Diane Veenendal Allegedly Failed to Act in an Investor’s Best Interest

Diane Veenendaal (CRD #: 1143233), a broker registered with UBS Financial Services, is the subject of an investor dispute. This is according to his BrokerCheck record, accessed on November 24, 2025. Keep reading if you have questions regarding his alleged conduct.

Investor Allegations

On October 6, 2025, an investor alleged that Diane Veenendaal failed to act in his best interest by allowing fraudulent credit card charges and checks to be made from the account. The investor is seeking $5,000,000, but the dispute was denied by the firm.

Investors should know, however, that firms can deny disputes without any external review. You can still recover funds following a denial.

High Standards of Commercial Honor

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Failing to act in an investor’s best interest would violate this rule.

Regulation Best Interest

Regulation Best Interest (Reg-BI) is an SEC regulation that requires brokerage firms to put their clients’ best interests first. For example, firms must conduct reasonable due diligence when researching investments to ensure their recommendations are suitable for the investor.

Background Information

Diane Veenendaal has passed the following exams:

• Series 66 Uniform Combined State Law Examination 
• Series 63 Uniform Securities Agent State Law Examination 
• SIE – Securities Industry Essentials Examination 
• Series 7 General Securities Representative Examination

He is a registered broker in 17 states and is a registered investment adviser in Texas and Wisconsin.

During his 40 years of experience, Diane Veenendal has registered with three firms:

• UBS Financial Services (CRD #: 8174)
• Everen Securities (CRD #: 19616)
• Blunt Ellis & Loewi Incorporated (CRD #: 7580)

Kurta Law Can Help

If you worked with Diane Veenendaal and you 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.