Bill Dillon is the Subject of a Suitability Dispute
Bill Dillon (CRD #: 5710769), a broker registered with JP Morgan Securities in Tempe, Arizona, is the subject of an investor dispute. This disclosure appears on his BrokerCheck record, accessed on November 20, 2023. Details concerning this dispute are provided below.
On October 9, 2023, an investor alleged that Bill Dillon recommended an unsuitable investment. The alleged activity took place in September of 2020. The investor sought $50,000 but the dispute was denied by the firm. Investors should know, however, that firms can deny disputes without any external review. Following a denial, investors may still be able to recover their funds via FINRA arbitration.
FINRA Rule 2111 – Unsuitable Investments
FINRA Rule 2111 defines suitable investments as securities that fit an investor’s profile. Investor profiles have information on the investor’s age, risk tolerance, tax status, investing experience, and financial goals. Investments that do not take these factors into account may be unsuitable. This rule also prohibits overconcentration, as placing too much of a portfolio in a single sector exposes the investor to unnecessary risk.
Bill Dillon has passed the following exams:
- Series 66 Uniform Combined State Law Examination
- Series 63 Uniform Securities Agent State Law Examination
- SIE – Securities Industry Essentials Examination
- Series 7 General Securities Representative Examination
- Series 6 Investment Company Products/ Variable Contracts Representative Examination
He is a registered broker in 12 states and is a registered investment adviser in Arizona and Texas.
During his 11 years of experience, Bill Dillon has registered with two firms: J.P. Morgan (CRD #: 79) and Chase Investment Services (CRD #: 25574).
Kurta Law Can Help
If you worked with Bill Dillon and have concerns about your investments, please contact us today at 877-600-0098 or firstname.lastname@example.org for a free consultation.
For over 20 years, Kurta Law has advocated for 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.