Keith Offel is the Subject of an Investor Dispute

Keith Offel (CRD #: 2570946), a broker registered with Cambridge Investment Research, is the subject of an investor dispute, according to his BrokerCheck record, accessed on December 10, 2023. Keep reading if you have concerns about his alleged conduct. 

On September 7, 2023, an investor alleged that Keith Offel failed to follow the stated investing objectives, resulting in a significant loss. The investor is seeking $70,224. 

Unsuitable Investments 

FINRA Rule 2111 defines suitable investments as securities that fit an investor’s financial goals and investing objectives. Brokers must also take into account factors like age, risk tolerance, tax status, and investing experience. Investments that do not take these factors into account may be unsuitable.

FINRA Rule 2010

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Failure to follow stated objectives may violate FINRA Rule 2010. 

Background Information 

Keith Offel has passed the following exams:

• Series 65 Uniform Investment Adviser Law Examination 
• Series 63 Uniform Securities Agent State Law Examination 
• SIE – Securities Industry Essentials Examination 
• Series 22 Direct Participation Programs Representative Examination 
• Series 62 Corporate Securities Limited Representative Examination 
• Series 6 Investment Company Products/Variable Contracts Representative Examination 
• Series 26 Investment Company Products / Variable Contracts Principal Examination 

He is a registered broker in 18 states and is a registered investment adviser in California and Texas. 

During his 28 years of experience, Keith Offel has registered with the following firms: 

• Cambridge Investment Research (CRD #: 39543) 
• Cambridge Investment Research Advisors (CRD #: 134139) 
• Newport Advisory (CRD #: 159376) 
• Money Concepts Capital Corp (CRD #: 12963) 

Kurta Law Can Help 

If you have worked with Keith Offel 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.