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Investor Alleges Rodney Scott Misrepresented Investment Product

Rodney Scott (CRD #: 5681912), a broker registered with Cetera Investment Services, allegedly misrepresented an investment, according to his BrokerCheck record, accessed on August 20, 2022. Investors may have also worked with him through Cetera Investment Advisers. Keep reading to learn more about his conduct as a broker.

Investor Dispute

On May 5, 2022, an investor alleged that Rodney Scott misrepresented an investment product. This dispute was denied by the firm.

However, investors should know that firms don’t need to permit an external review before denying a dispute, and investors can still seek out FINRA arbitration after a denial.

FINRA Rule 2020

Misrepresenting investments violates FINRA Rule 2020, which bans the use of deceptive, manipulative, and otherwise unethical tactics to influence the purchase and sale of securities.

Background Information

Rodney Scott has passed the following exams:

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

Rodney Scott is a registered broker in three states and a registered investment adviser in Alabama.

He has also worked for the following firms:

  • Ameriprise Financial Services (CRD#:6363)
  • Investment Professionals (CRD#:30184)
  • Merrill Lynch, Pierce, Fenner & Smith (CRD#:7691)
  • Edward Jones (CRD#:250)

Kurta Law Can Help

If you worked with Rodney Scott 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. 

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