Bjorn Erickson Subject of FINRA Fine and Suspension

Bjorn Erickson (CRD #: 5756517), a broker registered with NewEdge Securities, has been suspended by FINRA, according to his BrokerCheck record, accessed on July 27, 2025. Keep reading if you want to know more about his alleged conduct as a broker.

FINRA Suspension

On April 21, 2025, Bjorn Erickson consented to the entry of findings that he allegedly failed to reasonably respond to signs that New Edge Securities was obtaining improper allocations of new issue municipal bonds.

According to a Letter of Acceptance, Waiver & Consent (AWC), Bjorn Erickson was allegedly the direct supervisor of a registered representative who mischaracterized the firm to underwriters as an institutional customer and not a broker-dealer. These underwriters allegedly gave the firm improper customer or retail priority for allocations of new issue municipal bonds as a result.

Bjorn Erickson allegedly received communications from that representative indicating the representative’s mischaracterization of the firm, but allegedly failed to investigate these actions.

The AWC concluded that these allegations constituted violations of MSRB Rule G-27.

MSRB G-27

MSRB Rule G-27 requires firms to establish supervisory systems to ensure their compliance with securities regulations.

Sanctions

Bjorn Erickson consented to the following sanctions:

• Three-month suspension from associating with FINRA members in all principal capacities
• $10,000 fine

His suspension began on May 19, 2025, and will end on August 18, 2025. You can read the full AWC here.

Background Information

Bjorn Erickson has passed the following exams:

• Municipal Securities Principal Examination – Series 53
• Operations Professional Examination – Series 99TO
• Securities Industry Essentials Examination – SIE
• General Securities Representative Examination – Series 7
• Uniform Securities Agent State Law Examination – Series 63

Bjorn Erickson is a registered broker in Florida.

He has also worked for American Municipal Securities (CRD#:8365).

Kurta Law Can Help

If you worked with Bjorn Erickson 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.