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Ashley Fenderson Resigns from MWA Financial Services

Ashley Fenderson (CRD #: 7013767), a broker formerly registered with MWA Financial Services, resigned from that firm, according to her BrokerCheck record, accessed on November 5, 2022. If you want to know more about her conduct as a broker, read on.

Resignation from MWA Financial Services

On August 30, 2022, Ashley Fenderson was permitted to resign from MWA Financial Services after an investigation by parent company Modern Woodmen allegedly revealed evidence that she misused fraternal chapter funds from accounts she managed for her personal use.

Misappropriation and conversion are major problems in the securities industry. Investors who have worked with Ashley Fenderson should review their account statements and review any discrepancies with an investment loss lawyer.

FINRA Rule 2150

FINRA Rule 2150 prohibits the improper use of clients’ funds.

FINRA Rule 2010

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade.

Background Information

Ashley Fenderson has passed the following exams:

  • Series 6TO – Investment Company Products/Variable Contracts Representative Examination
  • SIE – Securities Industry Essentials Examination

She previously worked for MWA Financial Services (CRD#:112630).

Kurta Law Can Help

If you worked with Ashley Fenderson 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 and 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. 

 

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