Investor Alleges Barbara Bart Engaged in Misappropriation
Barbara Bart (CRD #: 5404157), a broker formerly registered with Merrill Lynch, Pierce, Fenner & Smith, is involved in a pending investor dispute, according to her BrokerCheck record, accessed on March 7, 2023. Read on to learn more about her alleged conduct as a broker.
Investor Dispute
On December 14, 2022, an investor filed a dispute alleging that Barbara Bart engaged in the misappropriation of funds and facilitated unsuitable investments between 2009 and 2017. This dispute is currently pending.
FINRA Rule 2150
FINRA Rule 2150 prohibits the improper use of investors’ funds.
FINRA Rule 2111
FINRA Rule 2111 requires brokers to tailor their investment recommendations to suit investors’ profiles. These profiles contain information about an investor’s age, risk tolerance, and overall financial situation.
Investors who believe their losses are the result of unsuitable investment recommendations may be able to recover their funds by seeking out FINRA arbitration.
Background Information
Barbara Bart has passed the following exams:
- Series 66 – Uniform Combined State Law Examination
- SIE – Securities Industry Essentials Examination
- Series 7 – General Securities Representative Examination
She previously worked for the following firms:
- Merrill Lynch, Pierce, Fenner & Smith (CRD#:7691)
- Morgan Stanley Smith Barney (CRD#:149777)
- Citigroup Global Markets (CRD#:7059)
Kurta Law Can Help
If you worked with Barbara Bart 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.