Daniel Arcuri, formerly with Thrivent Investment Management, Barred from Securities Industry
Have you lost money with financial advisor Daniel Arcuri of Thrivent Investment Management in Greensburg, PA? In February 2020, FINRA (the Financial Industry Regulatory Authority) barred him from the securities industry. FINRA alleges that he misused customer funds and engaged in undisclosed outside business activities.
Daniel Arcuri was a financial advisor and registered representative of Thrivent Investment Management from 1992 to December 2017. He worked in a branch office in Greensburg, Pennsylvania. He was terminated by Thrivent Investment Management for this alleged conduct.
Brokerage firms like Thrivent Investment Management have a responsibility to adequately supervise all representatives who are registered through their firm. Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies. When brokerage firms fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers.
Israels & Neuman PLC is a securities and investment fraud law firm with offices in Denver, Colorado; Seattle, Washington; and Ann Arbor, Michigan. We represent investors in FINRA arbitration proceedings in all 50 states, including Pennsylvania. Our attorneys have represented over one thousand investors against many brokerage firms in the past.