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Ronnie Dumag Barred by FINRA

Ronnie Dumag (CRD #: 4783585) has been barred by FINRA. This disclosure appears on his BrokerCheck record, accessed on July 11, 2024. Keep reading if you have questions regarding his alleged conduct. 

Regulatory Action 

On June 13, 2024, FINRA barred Ronnie Dumag following allegations that he refused to produce information and documents requested by FINRA in connection with its investigation into his potential conversion of funds from an elderly customer. 

You can read a copy of the bar here. 

High Standards of Commercial Honor 

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Conversion violates this rule.

Employment Separation After Allegations 

On May 22, 2024, Ronnie Dumag was permitted to resign while under internal review based on allegations of borrowing from a securities client. 

Tax Lien

On March 10, 2020, Ronnie Dumag became the subject of a tax lien for $52,155.75. 

Background Information 

Ronnie Dumag has passed the following exams: 

  • Series 63 Uniform Securities Agent State Law Examination 
  • SIE – Securities Industry Essentials Examination 
  • Series 6 Investment Company Products / Variable Contracts Representative Examination 
  • Series 26 Investment Company Products/Variable Contracts Principal Examination 

Kurta Law Can Help 

If you have worked with Ronnie Dumag and have concerns about your investments, do not hesitate to contact us at 877-600-0098 or email info@kurtalawfirm.com for a free consultation. 

For nearly 20 years, Kurta Law has advocated for investors 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. Do not let securities fraud go unchecked. Start your recovery process today.

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