Written by The White Law Group• March 17, 2022• 7:08 pm• Blog, Current Investigations

Paul Koch, RBC Broker, Barred from Securities Industry

FINRA Investigation Alleges Broker Paul Koch Recommended Risky, Unsuitable Investments

According to a Letter of Acceptance Waiver and Consent posted on FINRA’s website, the regulator has reportedly barred Paul Ronald Koch (CRD #1777599) after he apparently refused to provide documents and information requested by FINRA in connection with its investigation into allegations that he recommended risky and unsuitable investments in various outside business ventures where his wife was a partial owner, and that Koch and his wife allegedly diverted funds from the outside investments and accounts for their personal gain.

FINRA’s findings stated that although Koch initially cooperated with FINRA’s investigation, he ceased doing so. Paul Koch was reportedly affiliated with the following firms during his career, among others, according to FINRA:
10/26/2018 – 02/04/2022, RBC CAPITAL MARKETS, LLC (CRD#:31194), Wayzata, MN,

01/28/2009 – 11/07/2018, UBS FINANCIAL SERVICES INC. (CRD#:8174), WAYZATA, MN

11/09/2001 – 02/12/2009, CITIGROUP GLOBAL MARKETS INC. (CRD#:7059), WAYZATA, MN

According to his broker profile, Koch has 3 customer disputes on his record. Allegations include misrepresentation and unsuitable investments, among others.

Potential Lawsuits to Recover Financial Losses

The White Law Group is investigating potential securities fraud lawsuits regarding the liability that Paul Koch’s employers may have for failure to properly supervise him.

When brokers violate securities laws, such as making unauthorized transactions or unsuitable investments, the brokerage firm they are working with may be liable for investment losses through FINRA Arbitration. Brokerage firms that fail to monitor the business activities of their employees may be liable for investment losses due to negligent supervision for the misconduct of their employees.

The White Law Group is a national securities fraud, securities arbitration, and investor protection law firm with offices in Chicago, Illinois and Seattle, Washington.

We represent investors in FINRA arbitration claims in all 50 states including Minnesota. Our attorneys have recovered millions of dollars from many brokerage firms in the past.