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Chun Elmejjad Terminated by Equitable Advisors

Chun Elmejjad (CRD #: 2508442) has been fired by Equitable Advisors. This disclosure appears on her BrokerCheck record, accessed on January 12, 2024. Details concerning her termination are provided below. 

On November 22, 2023, Equitable Advisors fired Chun Elmejjad following allegations that she violated company policy when she accepted a loan and an investment from a client in connection with an undisclosed and unapproved outside business activity. 

She has the following outside businesses on her detailed BrokerCheck record. This is where outside businesses approved by her firm would appear. 

  • Korean American Cultural Committee: Non-Profit Organization 
  • The Family Counseling Center of Greater Washington: Senior Advisor Board Member 
  • MT Donahue: Health Insurance Sales

Outside Business and Selling Away

FINRA Rule 3270 requires brokers to inform their firm of any outside business activities or any investments sold away from the firm. The brokerage firm may prohibit the activity if the firm believes the proposed activity may compromise the broker’s duties. Firms may also require brokers to seek approval of any outside business.

Background Information 

Chun Elmejjad 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 7 General Securities Representative Examination
  • Series 6 Investment Company Products/Variable Contracts Representative Examination 
  • Series 24 General Securities Principal Examination 

During her 28 years of experience, she has only registered with two firms: Equitable Advisors (CRD #: 6627) and The Equitable Life Assurance Society of The United States (CRD#: 4039). 

Kurta Law Can Help 

If you have worked with Chun Elmejjad and you have concerns about your investments, do not hesitate to contact us at 877-600-0098 or for a free consultation. 

For nearly 20 years, Kurta Law has advocated for investors 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. Do not let securities fraud go unchecked. Start your recovery process today.