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Brent Beane Fined by State of Arizona

Securities Lawyer Jonathan Kurta
By: Jonathan Kurta Author
July 11, 2023 at 7:00pm

Brent Beane (CRD #: 5183037), a broker formerly registered with 1st Global Capital, has been fined by the State of Arizona, according to his BrokerCheck record, accessed on July 5, 2023. Investors may have also engaged his services through Heritage Family Offices. If you have questions about his alleged conduct as a broker, read on.

Arizona Regulatory Action

On March 17, 2023, the Arizona Corporation Commission, Securities Division alleged that Brent Beane violated Arizona Revised Statutes Section 44-3151 by conducting business as an investment adviser without a license or exemption from licensure.

Brent Beane was ordered to cease and desist and consented to a $2,000 fine.

Arizona Revised Statutes

Arizona Revised Statutes Section 44-3151 requires investment adviser representatives to either be licensed in the state or exempt from licensure.

FINRA Rule 2010

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

Background Information

Brent Beane has passed the following exams:

  • Series 66 – Uniform Combined State Law Examination
  • SIE – Securities Industry Essentials Examination
  • Series 7 – General Securities Representative Examination

He previously worked for the following firms:

  • 1st Global Capital (CRD#:30349)
  • TD Ameritrade (CRD#:7870)
  • Edward Jones (CRD#:250)

Kurta Law Can Help

If you worked with Brent Beane 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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