Michael O’Keefe Involved in Investor Dispute

Michael O’Keefe (CRD #: 2682030), a broker registered with Sitfel, Nicolaus & Company, allegedly failed to fully inform a client, according to his BrokerCheck record, accessed on August 2, 2025. Read on if you have questions about his alleged conduct as a broker.

Investor dispute

On April 16, 2025, the power of attorney for an investor alleged that Michael O’Keefe incorrectly represented an annuity’s monthly distribution as a lifetime withdrawal benefit. This dispute was denied by the firm.

However, investors can still pursue FINRA arbitration and potentially recoup their losses even if a firm denies their dispute.

FINRA Rule 2020

FINRA Rule 2020 forbids the use of deceptive, manipulative, and otherwise fraudulent methods to influence the purchase and sale of securities. This includes misrepresenting or omitting facts about an investment’s risks, expenses, fees, or limitations.

FINRA Rule 2010

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

Background Information

Michael O’Keefe has passed the following exams:

• General Securities Sales Supervisor – Options Module Examination – Series 9
• General Securities Sales Supervisor – General Module Examination – Series 10
• General Securities Sales Supervisor Examination (Options Module & General Module) – Series 8
• Securities Industry Essentials Examination – SIE
• General Securities Representative Examination – Series 7
• Uniform Investment Adviser Law Examination – Series 65
• Uniform Securities Agent State Law Examination – Series 63

Michael O’Keefe is a registered broker in 31 states and Puerto Rico. He is also a registered investment adviser in Florida, Maryland, Pennsylvania, and Texas.

He has also worked for the following firms:

• Ryan Beck & Company (CRD#:3248)
• Gruntal & Company (CRD#:372)
• Dean Witter Reynolds (CRD#:7556) 

Kurta Law Can Help

If you worked with Michael O’Keefe 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.