Cynthia Colin Voluntarily Resigned from Wells Fargo Clearing Services

Cynthia Colin (CRD #: 50923) has voluntarily resigned from Wells Fargo Clearing Services. This disclosure appeared on her BrokerCheck record, accessed on November 6, 2025. Keep reading if you have questions regarding her alleged conduct.

Employment Separation After Allegations

On September 30, 2025, Cynthia Colin voluntarily resigned from Wells Fargo Clearing Services following allegations that she engaged in discretionary trading. They further alleged that she authorized a wire transfer and signed checks without the required documentary authorization.

Unauthorized Trading

FINRA Rule 3260 limits discretionary trading by brokers to pre-approved discretionary accounts. These accounts must be approved for discretionary trading by both the client and the firm. Discretionary trading that takes place in an account that has not been approved is unauthorized.

High Standards of Commercial Honor

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Authorizing a wire transfer without the required documentary authorization may violate this rule.

Background Information

Cynthia Colin has passed the following exams:

• Series 65 Uniform Investment Adviser Law Examination 
• Series 63 Uniform Securities Agent State Law Examination 
• Series 7TO General Securities Representative Examination
• SIE – Securities Industry Essentials Examination
• Series 3 National Commodity Futures Examination
• Series 5 Interest Rate Options Examination
• Amex Put and Call Exam
• Series 1 Registered Representative Examination

She has registered with nine firms. These are the five most recent:

• Wells Fargo Clearing Services (CRD #: 19616)
• Morgan Stanley Smith Barney (CRD #: 149777)
• CitiGroup Global Markets (CRD #: 7059)
• Lehman Brothers (CRD #: 7506)
• Loeb Partners (CRD #: 7534)

Kurta Law Can Help

If you worked with Cynthia Colin 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 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.