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FINRA Broker Allegations

Allegations against: Marvin Robert Swentkofske

Allegation type: Regulatory

Allegation status: Final

The allegations read: I attended a director's mtg. Of career academy at the request of the pres. Of loewi and co., and a director of career academy to interpret accounting changes being proposed. Subsequently, i was directed by the pres. To write an article referencing a journal of accounting article and an independent equity research report that indicated a change in accounting methods would reduce earnings. This article was distributed to loewi & co. Brokers. Neither i, nor the pres. Benefitted from this.

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