Brent Owens Allegedly Failed to Supervise
Brent Owens (CRD #: 2261719), a broker registered with CFD Investments, allegedly failed to supervise according to his BrokerCheck record, accessed April 12, 2022. He is also an investment advisor registered with Creative Financial Designs.
Investor Allegations
On February 1, 2022, an investor alleged that Brent Owens failed to supervise Dana Vietor, a formerly registered representative at Brent Owens’s member firm.
According to the allegations, Dana Vietor allegedly engaged in the sale of private investments in companies he had ownership or control of, and in the process, he engaged in a breach of fiduciary duty, violation of FINRA suitability rules, and fraud.
The investor is seeking $345,000ーthe case is still pending.
Failure to Supervise
FINRA Rule 3110 requires firms to:
- Maintain a supervisory system reasonably designed to achieve compliance with FINRA rules.
- Designate a registered principal whose job is to carry out supervisory responsibilities.
- Make reasonable efforts to determine that all supervisory personnel are qualified, either by experience or training.
Background Information
Brent Owens has passed the following exams:
- Series 65 – Uniform Investment Adviser Law Examination
- Series 63 – Uniform Securities Agent State Law Examination
- SIE – Securities Industry Essentials Examination
- Series 7 – General Securities Representative Examination
- Series 27 – Financial and Operations Principal Examination
- Series 24 – General Securities Principal Examination
Brent Owens is a registered broker in 50 states and Washington DC. He is also a registered investment advisor in 22 states.
Besides CFD Investments and Creative Financial Designs, Brent Owens has not worked with any other firm.
Kurta Law Can Help
If you have worked with Brent Owens and have concerns about your investments, don’t hesitate to contact us today at 877-600-0098 or info@kurtalawfirm.com for a free consultation.
For nearly 20 years, Kurta Law has advocated for investors 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.