Sutter Securities Inc.

01/16/2026: FINANCIAL INDUSTRY REGULATORY AUTHORITY OFFICE OF HEARING OFFICERS Disciplinary Proceeding No. 2022075185901 Department of Enforcement, Complainant, v. Boustead Securities, LLC CRD No. 141391, Sutter Securities, Incorporated CRD No. 30770, and Keith Charles Moore CRD No. 5191450 Respondents. COMPLAINT The Department of Enforcement alleges: SUMMARY 1. From January 2021 through December 2023 (the Relevant Period), Respondents Boustead Securities, LLC (Boustead) and Sutter Securities Incorporated (Sutter) violated anti-money laundering (AML), supervisory, recordkeeping, and other SEC or FINRA rules in connection with their jointly conducted investment banking businesses...

Reference 2022075185901data-portal.finra.orgfinra.org

01/20/2026: FINANCIAL INDUSTRY REGULATORY AUTHORITY OFFICE OF HEARING OFFICE Disciplinary Proceeding No. 2021071987902 Department of Enforcement, Complainant, v. Sutter Securities, Inc., CRD No. 30770 and Keith Charles Moore, CRD No. 5191450 Respondents. COMPLAINT The Department of Enforcement alleges: SUMMARY Between March 2020 and July 2021 (the relevant period), Respondent Sutter Securities Inc. (Sutter), acting through a former Sutter registered representative (Representative1), recommended and effected 2,217 trades in two accounts belonging to a retired, 89-year-old customer (Customer 1). Those trades caused the customer to pay staggering and ruinous trading costs-in excess of $2.9 million. This amount includes commissions representing nearly 35 percent of the firm’s total commission revenue during this period. Those trades also resulted in annualized cost-to-equity ratios of 46 and 38 percent-meaning the accounts needed to appreciate by these percentages just to break even. Collectively, Customer 1 suffered...

Reference 2021071987902data-portal.finra.orgfinra.org