Blake Bolden Allegedly Misrepresented Investment Product

Blake Bolden (CRD #: 5649364), a broker registered with Cetera Investment Services, allegedly misrepresented an investment, according to their BrokerCheck record, accessed on June 22, 2023. Investors may have also worked with them through Cetera Investment Advisers. If you have questions about their alleged conduct as a broker, read on.

Investor Dispute

On April 17, 2023, an investor filed a dispute alleging that Blake Bolden misrepresented an investment product. They sought $160,000 in damages but the dispute was denied by the firm.

However, investors should be aware that firms can deny disputes without allowing an external review. Investors can still pursue FINRA arbitration after a denial and may be able to recover their losses.

FINRA Rule 2020

FINRA Rule 2020 prohibits the use of deception, manipulation, and other fraudulent tactics to influence investors’ decisions. Misrepresenting an investment’s limitations, fees, or other features violates this rule.

FINRA Rule 2010

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Violations of many other rules may also qualify as violations of FINRA Rule 2010.

Background Information

Blake Bolden has passed the following exams:

• Series 66 – Uniform Combined State Law Examination
• Series 63 – Uniform Securities Agent State Law Examination
• Series 7TO – General Securities Representative Examination
• SIE – Securities Industry Essentials Examination
• Series 6 – Investment Company Products/Variable Contracts Representative Examination

Blake Bolden is a registered broker in Alabama, Georgia, Mississippi, and North Carolina. He is also a registered investment adviser in Alabama.

He has also worked for the following firms:

• Investment Advisors (CRD#:15708)
• ProEquities (CRD#:15708)
• NYLIFE Securities (CRD#:5167)

Kurta Law Can Help

If you worked with Blake Bolden 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.