Anthony Cheng of Ameritas Investment Company Barred by FINRA

Have you invested with Anthony Cheng from San Jose, California? The securities arbitration law firm of Israels & Neuman is looking into a regulatory complaint made by FINRA against Anthony Cheng aka Tony Cheng, who previously worked for Ameritas Investment Company.

Allegations Against Tony Cheng

FINRA alleged that it initiated an investigation into Anthony Cheng regarding allegations that he engaged in undisclosed outside business activities. In May 2025, he was terminated by Ameritas Investment Company regarding allegations that he engaged in private securities transactions, meaning that he sold investments that were not approved by Ameritas. Generally, under FINRA Rules 3270 and 3280, brokers must disclose all business activities that they are involved in, and they must disclose all securities that they are selling.

In response, Tony Cheng refused to appear for an on-the-record interview, which led to him being barred from the securities industry.

Tony Cheng Industry History

Anthony Cheng was affiliated with Ameritas Investment Company from 2015 to May 2025. He worked in an office in San Jose, California. In addition, Cheng operated a company called Thrive Wealth Solutions.

Ameritas Investment Company Potential Responsibility

Pursuant to FINRA Rule 3110, broker-dealers like Ameritas Investment Company must reasonably supervise the activities of their representatives. If a firm does not adequately supervise its advisors or brokers, it could be liable for any investor harm.

Israels & Neuman Represents Investors in California

Our firm represents investors throughout the US including California, who have been victims of broker misconduct, unsuitable investment recommendations, and fraud. If you were a client of Anthony Cheng and believe he acted improperly, you may be entitled to recover losses through FINRA arbitration.

Contact Us for a Free Case Evaluation

Call us today at (720) 599-3505 or (206) 795-5798 or fill out our contact form to learn more about your rights. We have experience representing California investors and are ready to help you recover what you deserve.

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