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Collins Bhola Allegedly Refused to Provide Testimony Requested by FINRA

Collins Bhola (CRD #: 6533629) has been barred by FINRA. This is according to his BrokerCheck record, accessed on August 2, 2024. Details concerning this dispute are provided below. 

Regulatory Action

On June 13, 2024, FINRA barred Collins Bhola consented to the entry of findings that he refused to provide testimony requested by FINRA in connection with its investigation allegations involving FINRA Rule 4530 made by a member firm.

You can read a copy of the FINRA bar here. 

FINRA Rule 4530 

FINRA Rule 4530 requires that brokerage firms report if any of their registered brokers are the subject of a written customer complaint involving allegations of theft or misappropriation of funds or securities or of forgery. They must also report if a broker is indicted, convicted of, or pleads guilty to, or pleads no contest to any felony, or any misdemeanor that involves forgery. 

Background Information 

Collins Bhola has passed the following exams: 

  • SIE – Securities Industry Essentials Examination 
  • Series 6 Investment Company Products/ Variable Contracts Representative Examination 

 

During his seven years of experience, he registered with NYLife Securities (CRD #: 5167). 

 

Kurta Law Can Help 

If you have worked with Collins Bhola and have concerns about your investments, do not hesitate to contact us at 877-600-0098 or email info@kurtalawfirm.com 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.

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