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Cindy Hanerhoff Resigns from Sunbelt Securities 

Securities Lawyer Jonathan Kurta
By: Jonathan Kurta Author
December 22, 2022 at 4:28pm

Cindy Hanerhoff (CRD #: 1084549) has been permitted to resign from Sunbelt Securities, according to her BrokerCheck record, accessed on December 12, 2022. Read on to learn more about her alleged conduct as a broker.

Resignation from Sunbelt Securities

On November 17, 2022, Cindy Hanerhoff was permitted to resign from Sunbelt Securities following allegations that she failed to follow client instructions with respect to purchases of corporate bonds. 

Investor Dispute

On September 15, 2022, an investor named Cindy Hanerhoff in a dispute alleging the unsuitability of the investments in the client’s account given her risk tolerance. The client sought $168,000 and the dispute settled for $90,000. 

FINRA Rule 2111

FINRA Rule 2111 requires brokers to recommend securities that sufficiently suit an investor’s financial goals. Brokers must consult the investor’s profile, which describes their tax status, risk tolerance, age, and other characteristics.

Investors who believe their losses are the result of unsuitable investment recommendations may be able to recover their funds by seeking out FINRA arbitration.

Background Information

Cindy Hanerhoff has passed the following exams:

  • Series 63 – Uniform Securities Agent State Law Examination
  • SIE – Securities Industry Essentials Examination
  • Series 7 – General Securities Representative Examination
  • Series 24 – General Securities Principal Examination

She has also worked for the following firms:

  • LaraDorbecker Securities Corporation (CRD#:104440)
  • United American International (CRD#:30922)
  • PaineWebber (CRD#:8174)
  • Rotan Mosle (CRD#:727)
  • Merrill Lynch, Pierce, Fenner & Smith (CRD#:7691)

Kurta Law Can Help

If you worked with Cindy Hanerhoff 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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