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Chad Rucker Allegedly Executed Unsuitable Investment Strategy

Chad Rucker (CRD #: 6064312), a broker registered with Edward Jones, allegedly violated the suitability rule, according to his BrokerCheck record, accessed on September 5, 2022. If you want to learn more about his conduct as a broker, keep reading.

Investor Dispute

On June 10, 2022, an investor alleged that Chad Rucker employed an investment strategy in his accounts that was unsuitable given his risk tolerance. The firm denied the dispute. 

Investors should be aware, however, that firms can deny disputes without an external review, and investors can still seek out FINRA arbitration following a denial.

FINRA Rule 2111

FINRA Rule 2111 defines suitable investments as securities that fit an investor’s profile. These profiles describe a variety of investor characteristics, including:

  • Age
  • Financial goals
  • Risk tolerance
  • Time horizon (i.e., how long the investor plans to hold the investment)
  • Investing experience
  • Tax status

Investors who rely on their broker for recommendations of investments or investment strategies may be able to recover their losses by seeking out FINRA arbitration.

Background Information

Chad Rucker has passed the following exams:

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

Chad Rucker is a registered broker in 17 states and a registered investment adviser in Missouri and Texas.

Kurta Law Can Help

If you worked with Chad Rucker 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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