Danish Rauf – Former U.S. BANCORP INVESTMENTS, INC. Broker Terminated and Barred by FINRA
Danish Rauf – Former U.S. BANCORP INVESTMENTS, INC. Broker Terminated and Barred by FINRA
Rauf is permanently barred from selling securities after his termination from U.S. Bancorp for allegedly participating in soliciting investments into an undisclosed Outside Business Activity.
CRD#: 5006655
Former broker Danish Rauf (CRD#: 5006655) has been barred by the Financial Industry Regulatory Authority (FINRA) after allegations that he engaged in selling away and undisclosed outside business activities.
According to regulatory disclosures, Rauf was terminated by U.S. Bancorp Investments on November 17, 2025, after the firm alleged that he solicited investors to participate in an investment opportunity that was not approved by the firm. Such conduct may violate FINRA Rules 3270 and 3280, which require brokers to disclose outside business activities and obtain firm approval before participating in private securities transactions.
FINRA later imposed a permanent industry bar after Rauf failed to cooperate with a regulatory investigation into the alleged conduct. Selling away is a serious investor protection issue because investments offered outside a brokerage firm’s supervision may avoid the firm’s due diligence, compliance review, and suitability analysis, exposing investors to potentially fraudulent or high-risk private placements.
Investors who purchased investments through Danish Rauf or were solicited to participate in off-platform or unapproved securities offerings may have legal options to recover losses.
If you suffered investment losses while working with Rauf, you may qualify for financial compensation through FINRA arbitration. Contact the national investment fraud law firm Goodman & Nekvasil, P.A. today for a free case evaluation.
Rauf is permanently barred from selling securities after his termination from U.S. Bancorp for allegedly participating in soliciting investments into an undisclosed Outside Business Activity.
Goodman & Nekvasil, P.A., is investigating brokers who may have unsuitably recommended investments to their clients.
St. Petersburg, Florida law firm Goodman & Nekvasil, P.A., has a national practice representing victimized investors. The firm continues to investigate brokerage firms that placed elderly retirees and other conservative investors in unsuitable investments.
Goodman & Nekvasil, P.A., has filed numerous cases against brokerage firms selling high-risk investments and has recovered more than $500 million dollars on behalf of victimized investors.
We allege in these cases that these investment recommendations were unsuitable for our clients in view of their financial situation, needs and investment objectives.
There is no charge for an evaluation of your case. We handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee.
If you incurred losses on your investment and would like your case evaluated by a securities attorney, please contact us.
Some of the information in this blog post was obtained from FINRA on 3/16/26. If you believe this information was reported incorrectly, please contact our firm: 1-800-500-4442.