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David Cohen with Cetera Investment Services Barred by FINRA
Did you lose money with financial advisor David Cohen of Cetera in Yonkers, New York? Contact Israels & Neuman for more information on recovering investment losses.
Allegations Regarding David Cohen
In December 2025, David Cohen was fired by Cetera Investment Services in Yonkers, New York. Cohen allegedly was “transacting business while under suspension by the Firm and for failing to cooperate with the Firm’s internal review of allegations that client funds were paid directly to the representative, and the representative used the funds to support his business.”
FINRA then opened its own investigation into Cohen. He failed to cooperate with FINRA’s investigation, and as such, he was barred under FINRA Rule 8210. Cohen has now faced two customer complaints alleging misappropriation of funds or fraud.
Background on David Cohen
David Cohen was licensed with Cetera Investment Services from June 2019 to December 2025. He worked in a Yonkers, New York office. He also had several tax liens filed against him, including a $232,000 tax lien made in 2023.
Could Cetera Investment Services be Liable for Customer Losses?
FINRA standards provide that brokerage firms like Cetera Investment Services must reasonably supervise the activities of their financial advisors. Firms that fail to do so could be responsible for investor losses.
Israels & Neuman Helps Investors Recover Money in New York
We represent investors throughout the United States as well as New York, who have been victims of broker misconduct, unsuitable investment recommendations, and fraud. If you were a client of David Cohen and believe he acted improperly, you may be entitled to recover losses through FINRA arbitration.