Jonathan Vagle Barred by FINRA Following Termination

Jonathan Vagle (CRD #: 4056836), a broker formerly registered with FBL Marketing Services, has been barred by FINRA, according to his BrokerCheck record, accessed on November 5, 2024. If you want to know more about his alleged conduct as a broker, keep reading.

Bar by FINRA

On October 23, 2024, Jonathan Vagle consented to the entry of findings that he allegedly refused to appear for on-the-record testimony requested in connection with a FINRA investigation into the circumstances of his termination from FBL Marketing Services.

According to a Letter of Acceptance, Waiver & Consent (AWC), FBL Marketing Services allegedly disclosed on a Form U5 (Uniform Termination Notice for Securities Industry Registration) that Jonathan Vagle had been terminated by the firm’s affiliate life insurance and property/casualty insurance companies for failing to follow company policies involving insurance premium payments and client signatures.

The AWC concluded that this alleged refusal to provide testimony violated FINRA Rules 8210 and 2010.

FINRA Rule 8210

FINRA Rule 8210 requires members to provide documents, information, and testimony upon request by FINRA.

FINRA Rule 2010

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade.

Sanctions

Jonathan Vagle was permanently barred by FINRA starting on October 23, 2024.

You can read the full AWC here.

Background Information

Jonathan Vagle 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

He previously worked for the following firms:

• FBL Marketing Services (CRD#:5309)
• Thrivent Investment Management (CRD#:18387)
• PMG Securities Corporation (CRD#:27107)
• Investors Brokerage Services (CRD#:4257)

Kurta Law Can Help

If you worked with Jonathan Vagle 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.