Rhett Bedwell, Formerly of LPL Financial, Barred by FINRA For Refusing to Provide Information

FINRA was investigating allegations that Bedwell forged documentation to invest in a Ponzi scheme.

Rhett Bedwell (CRD#:5664392) was registered as a broker with LPL Financial from November 2017 until August 2019. Previously, Bedwell was registered as a broker with Arvest Wealth Management from July 2015 until November 2017.

Bedwell has four disclosures on his BrokerCheck report. One customer dispute was denied

March 2021 Regulatory Judgment

• Status: Pending
• Initiated By: FINRA
• Allegations: The Personal Representative for the decedent alleges unsuitable investment recommendations in early 2020.
• Resolution: Acceptance, Waiver & Consent (AWC)
• Sanctions: Bar
• Registration Capacities Affected: All Capacities
• Duration: Indefinite
• Start Date: 3/2/2021

August 2020 Customer Dispute

• Status: Pending
• Allegations: Claimant alleges that in 2019 representative moved clients IRA to a different administrator and used forged documentation to invest claimant’s money in a Ponzi scheme.

January 2019 Judgment / Lien

• Judgment/Lien Amount: $1,471.35
• Judgment/Lien Type: Tax
• Broker Comment: Firm made reasonable determination lien was reportable.

Contact Us Today

The Sonn Law Group is currently investigating allegations surrounding Rhett BedwellzZ. We represent investors in claims against negligent brokers and brokerage firms. If you or your loved one experienced investment losses, we are here to help. For a free consultation, please call us now at 866-827-3202 or complete our contact form.