Robert Russel Tweed

CRD #2339324, San Marino, California

April 10, 2025 – A NAC decision became final in which, on remand from the SEC, the NAC assessed but did not impose on Tweed a two-year suspension from association with any FINRA member in all capacities The suspension was not imposed because Tweed already had been barred for more than four years while his application for review of the NAC’s initial decision in the matter was pending before the SEC. The SEC ultimately sustained in part and set aside in part the NAC’s findings of violation and remanded the matter for a redetermination of sanctions. The sanctions on remand are based on findings that Tweed violated Sections 17(a)(2) and (3) of the Securities Act, and as a result also violated FINRA Rule 2010, by misrepresenting and failing to disclose material facts in connection with the sale of interests in a private investment fund that he controlled, and that he engaged in a course of conduct that operated as a fraud or deceit on the fund’s investors. The findings stated that Tweed negligently misrepresented or failed to disclose all the fees and expenses associated with an investment in the private fund; a change in the private fund’s master fund to a new master fund; and a consulting agreement between Tweed’s investment advisor and the new master fund’s investment advisor, under which Tweed’s investment advisor was entitled to 45 percent of the net proceeds the new master fund’s investment advisor received as a result of the private fund’s investment. (FINRA Case #2015046631101) If you have suffered losses as a result of Robert Russel Tweed's act and/or actions, we would like to hear from you. We are currently investigating claims on behalf of clients who have suffered significant losses in their portfolios that are managed by Robert Russel Tweed. The Schwartz Law Firm represents investors in claims against financial advisors and their firms. If you have questions about your potential claim or need assistance from an investment fraud lawyer, please contact us at 866-618-0545 or email Matthew Schwartz directly at mschwartz@tslfirm.com.