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Brian Johnson Allegedly Purchased Insurance Policy Without Authorization

Apr 11, 2023 Investor Disputes

Brian Johnson (CRD #: 3060206), a broker registered with State Farm VP Management Corporation, is involved in a pending dispute, according to his BrokerCheck record, accessed on March 28, 2023. Investors may have also worked with him through State Farm Investment Management Corporation. If you have questions about his alleged conduct as a broker, keep reading.

Investor Dispute

On January 18, 2023, an investor filed a dispute alleging that Brian Johnson opened an account without the client’s authorization. This dispute is currently pending.

FINRA Rule 3260

FINRA Rule 3260 requires brokers to receive written authorization from their clients before engaging in discretionary trading. Discretionary accounts must also be approved by the firm before this trading can occur.

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

Brian Johnson 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 6 – Investment Company Products/Variable Contracts Representative Examination

Brian Johnson is a registered broker and investment advisor in Arkansas and Missouri.

Kurta Law Can Help

If you worked with Brian Johnson and you have concerns about your investments, please contact us today at 877-600-0098 or 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.