Dorothy Welsch is Involved in a Variable Annuity Dispute

Dorothy Welsch (CRD #: 5661074), a broker registered with Principal Securities, is the subject of an investor dispute. This is according to his BrokerCheck record, accessed on April 5, 2024. Keep reading if you have questions regarding his alleged conduct. 

Investor Allegations 

On January 12, 2024, an investor alleged that Dorothy Welsch did not properly allocate the subaccount investments in her variable annuity. This allegedly led to losses. This dispute was denied by the firm, but investors should know that firms can deny a dispute without any external review. Investors can still recover losses 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 properly allocate subaccounts may violate this rule. 

Background Information 

Dorothy Welsch 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 
• Series 6 Investment Company Products / Variable Contracts Representative Examination 

She is a registered broker in Indiana, Minnesota, and Missouri. She is a registered investment adviser and broker in Iowa. 

During her 14 years of experience, Dorothy Welsch has registered with the following firms: 

• Principal Securities (CRD #: 1137) 
• ProEquitiies (CRD #: 15708) 
• UVest Financial Services (CRD #: 13787) 

Kurta Law Can Help 

If you have worked with Dorothy Welsch and have concerns about your investments, do not hesitate to contact us at 877-600-0098 or info@kurtalawfirm.com for a free consultation. 

For nearly 20 years, Kurta Law has advocated for investors 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. Do not let securities fraud go unchecked. Start your recovery process today.