Danish Rauf of U.S. Bancorp Investments Barred by FINRA

Did you lose money with Danish Rauf of U.S. Bancorp Investments in Des Plaines, Illinois? Call the securities and investment fraud law firm of Israels & Neuman at (720) 599-3505 to find out more about recovering investment losses.

FINRA’s Allegations

FINRA alleged that it initiated an investigation into Danish Rauf regarding allegations that he engaged in undisclosed outside business activities. In November 2025, he was terminated by U.S. Bancorp Investments regarding allegations of “soliciting investments into an undisclosed Outside Business Activity in violation of FINRA Rules 3270 and 3280 and Firm policy”. 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, Rauf refused to appear for an on-the-record interview. That led to him being barred from the securities industry.

Danish Rauf’s Industry History

Danish Rauf was affiliated with U.S. Bancorp Investments from August 2016 to November 2025. He worked in Des Plaines, Illinois.

U.S. Bancorp Potential Liability to its Customers

Pursuant to FINRA Rule 3110, broker-dealers like U.S. Bancorp Investments must reasonably supervise the activities of their representatives. If a firm does not adequately supervise advisors like Danish Rauf, it could be liable for any investor harm.

Our firm represents investors throughout the country as well as Illinois, who have been victims of broker misconduct, unsuitable investment recommendations, and fraud. Attorney David Neuman is licensed to practice law in Illinois and grew up in the western suburbs of Chicago. Israels & Neuman has an office in downtown Chicago.

If you were a client of Danish Rauf and believe he acted improperly, you may be entitled to recover losses through FINRA arbitration.

Contact Us for a Free Case Evaluation

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

Client Reviews

What are past clients saying about Israels & Neuman, PLC?

Submit a Law Firm Client Review

Aaron Israels was diligent, professional, knowledgeable and extremely thorough. My legal ordeal was quite cumbersome but Aaron was present, willing and ready to go the extra mile for me. I HIGHLY RECOMMEND, Israels and Neuman, PLLC for...

Kay H.

I have worked with many attorneys over the course of my career in both large and small businesses. Dave and Aaron are an outstanding legal team. I used Dave and Aaron for a personal situation that called for a hands on detailed approach. I found...

Fred S.

Aaron created our wills and offered solutions that made the process easy and pain free. We recently needed to amend our wills, and he made suggestions that made a better distribution that we had not thought of prior to meeting with him. He was...

Debra K.

I have worked with Aaron Israels for over eight years and can confidently say that he is the most honest and hard-working attorney I know. He not only gets results, but he also genuinely cares about his clients and colleagues. If you have a...

Tony E.

Mr. Aaron Israels set up our business by listening to us and creating a structure legal structure that was exactly what we wanted and needed. All of the work was set up in a binder for easy access to all information along with clear instructions...

Tom K.