Brian Lee Resigns from His Position at Cambridge Investment Research

Brian Lee (CRD #: 2950037), a broker and financial advisor registered with LPL Financial recently resigned from his position at Cambridge Investment Research, according to his BrokerCheck record, accessed on November 17, 2021. Details surrounding his resignation have been provided below. 

Resignation Details  

On August 10, 2021, Brian Lee voluntarily resigned from Cambridge Investment Research following allegations that he reused client signatures from previously signed client forms without client knowledge. This allegation would constitute a violation of FINRA Rule 2010, which demands that brokers observe high standards of commercial honor.   

This is not the first time Brian Lee has voluntarily resigned. On September 15, 2010, he resigned from NMIS while he was under investigation following allegations that he was involved in undisclosed private securities transactions and the sale of equity-indexed annuities. According to FINRA Rule 3280, brokers must have any private securities transactions approved by the firm.  

Background Information 

Brian Lee 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 31 – Futures Managed Funds Examination 
• Series 7 – General Securities Representative Examination 
• Series 6 – Investment Company Products/Variable Contracts Representative Examination 

Brian Lee is a registered broker in 11 states and a registered investment advisor in Texas. 

Other than LPL Financial, Brian Lee has also worked with: 

• Cambridge Investment Research Advisors (CRD#: 134139) 
• Cambridge Investment Research (CRD#: 39543) 
• MML Investors Services (CRD#: 10409) 
• Northwestern Mutual Wealth Management Company (CRD#: 109729) 
• Northwestern Mutual Investment Services (CRD#: 2881) 
• Nationwide Securities (CRD#: 11173) 
• Morgan Stanley (CRD#: 7556) 
• Robert W. Baird & Co. Incorporated (CRD#: 8158) 

Kurta Law Can Help 

If you have suffered losses after working with Brian Lee, 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. 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. Reach out today to start the process to recover your investment losses.