Ryan Tarjanyi Faces Regulatory Action in Ohio Following FINRA Bar
Ryan Tarjanyi (CRD #: 6065805), a previously registered broker with Trustmont Financial Group, is the subject of a regulatory action by the Ohio Division of Securities. This disclosure appears on his BrokerCheck record, accessed on August 31, 2023. For more details concerning this and his FINRA bar, keep reading.
On July 14, 2023, a Final Order from the Ohio Division of Securities alleged that Ryan Tarjanyi submitted an annuity withdrawal to Bankers Life and Casualty Company containing a signature that was forged or that Ryan Tarjanyi should have known was forged. It further alleged that he allegedly falsely attested “No” on several applications asking if he had ever been the subject of a regulatory action or if he had ever had a professional license revoked or suspended.
FINRA Bar
Ryan Tarjanyi consented to the FINRA findings in an Acceptance, Waiver, and Consent agreement on March 5, 2021, alleging forgery and falsifying information on an insurance application and annuity withdrawal forms. He allegedly provided inaccurate information during the course of his testimony. As part of the terms of the AWC, Ryan Tarjanyi consented to a FINRA bar. You can read a copy of the AWC here.
What is an Unsuitable Investment?
FINRA Rule 2111 requires brokers to evaluate whether an investment strategy fits their investor’s financial goals. Brokers must examine the investor’s profile, which contains the following investor characteristics:
- Age
- Risk tolerance
- Time horizon (i.e., how long the investor plans to hold the investment)
- Investing experience
- Tax status
- Financial goals
Investments that do not fit the criteria established by the investor profile may be unsuitable. Investors who rely on brokers for recommendations may be able to recover their losses by pursuing FINRA arbitration.
FINRA Rule 2010
FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Forgery is a violation of this rule.
Employment Termination
On March 30, 2018, Bankers Life & Casualty terminated Ryan Tarjanyi following allegations that he had not been truthful during an internal investigation.
Investor Disputes
Ryan Tarjanyi has four settled investor disputes on his record.
On February 19, 2019, investors alleged that they purchased five annuities issued by Bankers Life. The clients alleged that one of the annuities resulted in a sizable tax liability. They further alleged that the other four annuities were unsuitable as each had a 10-year surrender schedule that did not suit their financial needs.
The investors sought $153,775.75 and the dispute was settled for $141,275.75.
On January 9, 2018, Ryan Tarjanyi allegedly forged his signature on an index annuity surrender document. The dispute settled for $120,000.
Background Information
Ryan Tarjanyi has passed the following exams:
- SIE – Securities Industry Essentials Examination
- Series 7 General Securities Representative Examination
- Series 6 Investment Company Products/Variable Contracts Representative Examination
Ryan Tarjanyi has registered with the following firms:
- Trustmont Financial Group (CRD #: 18312)
- Bankers Life Securities (CRD #: 173962)
- ProEquities (CRD #: 15708)
Kurta Law Can Help
If you worked with Ryan Tarjanyi and 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.
Loading...
Reload document 
Open in new tab