Amy Marx Suspended by FINRA

Amy Marx (CRD #: 2976011), a broker formerly registered with Osaic Wealth, has been suspended by FINRA, according to her BrokerCheck record, accessed on April 9, 2025. Read on to learn more about her alleged conduct as a broker.

FINRA Suspension

On February 3, 2025, Amy Marx received a Letter of Suspension alleging that she failed to comply with an arbitration award or settlement agreement or to adequately respond to a FINRA request for information about the status of her compliance.

These allegations were made in relation to a dispute filed on, November 18, 2024, which alleged that Amy Marx breached a promissory note. An arbitration award made Amy Marx liable for $100,000 in damages plus interest of 9.25% per annum and accrued interest of $12,320. You can read the arbitration award here.

Amy Marx’s suspension will continue until the required payment is made or discharged.

Article VI, Section 3 of FINRA By-Laws

Article VI, Section 3 of FINRA By-Laws allows FINRA to suspend or cancel the membership of any member who fails to comply with arbitration awards or settlement agreements.

FINRA Rule 9554

FINRA Rule 9554 penalizes brokers who fail to comply with arbitration awards or settlements by suspending or canceling their registration. Brokers have 21 days to request a hearing before their suspension or cancellation becomes final.

Background Information

Amy Marx has passed the following exams:

• General Securities Representative Examination – Series 7TO
• Securities Industry Essentials Examination – SIE
• Assistant Representative-Order Processing Qualification Exam – Series 11
• General Securities Representative Examination – Series 7
• Uniform Securities Agent State Law Examination – Series 63

She has registered with 14 firms in her career. The ten most recent are: 

• Osaic Wealth (CRD#:23131)
• Park Avenue Securities (CRD#:46173)
• Wilmington Capital Securities (CRD#:133839)
• Aegis Capital Corporation (CRD#:15007)
• Herbert J. Sims & Company (CRD#:3420)
• Dawson James Securities (CRD#:130645)
• Sandgrain Securities (CRD#:26004)
• Sky Capital (CRD#:114657)
• Newbridge Securities Corporation (CRD#:104065)
• H&R Block Financial Advisors (CRD#:5979)

Kurta Law Can Help

If you worked with Amy Marx and you have concerns about your investments, please contact us today at 877-600-0098 or info@kurtalawfirm.com for a free consultation.

For over 20 years, Kurta Law has advocated on behalf of investors who want to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm that exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf.