Rumbaugh v. Ohio Department of Commerce

Watson, Judge.

{¶ 1} This is an appeal from the judgment of the Franklin County Court of Common Pleas reversing the decision of the Ohio Department of Commerce, Division of Securities (“division”). For the reasons that follow, we reverse.

{¶ 2} Kenneth W. Rumbaugh (“Rumbaugh”) is a licensed securities salesman, also licensed to sell variable annuities and accident, health, and life insurance. He describes himself as a certified estate, business, and economic analyst. There are two transactions cited in the division’s order, the subject of this appeal. These transactions involve viatical…