Carol Abdo-Brownsberger is the Subject of a FINRA Fine
Carol Abdo-Brownsberger (CRD #: 3168629) has been suspended by FINRA. This disclosure appears on her BrokerCheck record, accessed on October 29, 2025. Keep reading if you have questions regarding her alleged conduct.
Regulatory Action
On September 18, 2025, Carol Abdo-Brownsberger entered into an Acceptance, Waiver, and Consent agreement in which she consented to the entry of findings that she made inaccurate statements to her member firm when seeking approval to serve as the trustee of a private foundation funded with assets from a customer’s estate.
Carol Abdo-Brownsberger allegedly certified to her firm that she would not have direct or indirect control over the investment decisions for the foundation, but she allegedly opened a brokerage account at another FINRA-registered firm for the foundation. FINRA alleges she made investment decisions on the foundation’s behalf. She also allegedly used the foundation to receive money left by a customer.
As part of the terms of the AWC, Carol Abdo-Brownsberger consented to a six-month suspension and a $5,000 fine.
You can see a copy of the AWC here.
High Standards of Commercial Honor
FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Making inaccurate statements to a firm about a trustee position at a foundation may violate this rule.
Background Information
Carol Abdo-Brownsberger has passed the following exams:
- 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
She has registered with the following firms:
- Wells Fargo Clearing Services (CRD #: 19616)
- G. Edwards & Sons (CRD #: 4)
- Dean Witter Reynolds (CRD #: 7556)
Kurta Law Can Help
If you worked with Carol Abdo-Brownsberger 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 that 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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