Investor Alleges Brett Bacon Did Not Follow Instructions

Brett Bacon (CRD #: 6080375), a broker registered with CFD Investments, was involved in a recent investor dispute, according to his BrokerCheck record, accessed on August 6, 2022. Investors may also have engaged his services through Creative Financial Designs. If you have questions about his conduct as a broker, read on.

Investor Dispute

On May 25, 2022, an investor alleged that Brett Bacon failed to obey an instruction to make a distribution. The investor sought $70,000 in damages but was denied by the firm.

Investors should know, however, that firms don’t need to allow an external review before denying a dispute. Investors may be able to recover their funds by pursuing FINRA arbitration after a dispute.

According to allegations filed on January 15, 2018, investors alleged that Brett Bacon misrepresented investments. He also allegedly breached his fiduciary duty and engaged in negligence. The investor sought $100,000 and the dispute was settled for $45,000. 

FINRA Rule 2010

Failure to follow investors’ instructions violates FINRA Rule 2010, which holds brokers to high standards of commercial honor and just and equitable principles of trade.

Background Information

Brett Bacon has passed the following exams:

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

Brett Bacon is a registered broker in 16 states and the District of Columbia. He is also a registered investment adviser in 12 states.

He previously worked for Waddell & Reed (CRD#:866).

Kurta Law Can Help

If you worked with Brett Bacon 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.