Daniel Barnard Involved in Atlas Growth Partners Dispute
Daniel Barnard (CRD #: 2403593), a broker registered with Cabin Securities, is involved in a pending investor dispute, according to his BrokerCheck record, accessed on September 12, 2022. If you want to know more about his conduct as a broker, keep reading.
A pending dispute filed on May 27, 2022, names Daniel Barnard in relation to allegations of failure to supervise, misrepresentations and omissions of material fact, and the unsuitability of a $25,000 investment in Atlas Growth Partners, LP, an oil and gas energy fund. AGP is a high-risk limited partnership.
FINRA Rule 2111
FINRA Rule 2111 requires brokers to evaluate whether an investment fits their investor’s financial goals. Brokers must examine an investor’s profile, which contains information about their risk tolerance, tax status, and other investments.
Investors who believe they have lost money due to unsuitable investment recommendations may be able to recoup their losses by seeking out FINRA arbitration.
FINRA Rule 2020
FINRA Rule 2020 prohibits the use of deception, manipulation, or other unethical methods to influence the purchase or sale of securities. Misrepresentations and omissions of material facts violate this rule.
FINRA Rule 3110
FINRA Rule 3110 requires that firms maintain supervisory systems to detect and prevent violations of securities regulations. Among other things, this rule requires firms to ensure their supervisors have the appropriate experience or training for their role.
Termination from Berthel, Fisher & Company
On November 20, 2018, Daniel Barnard was fired from Berthel, Fisher & Company Financial Services after allegedly impersonating a client over the phone.
FINRA Rule 2010
Impersonation violates FINRA Rule 2010, which holds brokers to high standards of professional honor and ethical conduct.
Daniel Barnard has passed the following exams:
- Series 66 – Uniform Combined State Law Examination
- Series 65 – Uniform Investment Adviser Law Examination
- Series 63 – Uniform Securities Agent State Law Examination
- SIE – Securities Industry Essentials Examination
- Series 31 – Futures Managed Funds Examination
- Series 7 – General Securities Representative Examination
- Series 6 – Investment Company Products/Variable Contracts Representative Examination
Daniel Barnard is a registered broker in Arizona and California.
He has also worked for the following firms:
- Growth Capital Services (CRD#:124658)
- BFC Planning (CRD#:119682)
- Berthel, Fisher & Company Financial Services (CRD#:13609)
- Capital Analysts (CRD#:5478)
- Sun Investment Services Company (CRD#:5496)
- Pruco Securities (CRD#:5685)
Kurta Law Can Help
If you worked with Daniel Barnard and you have concerns about your investments, please contact us today at 877-600-0098 or email@example.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.