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Daniel Watkins Allegedly Failed to Disclose Tax Consequences of Account Rebalancing

Daniel Watkins (CRD #: 6862804), a broker registered with Edward Jones, is involved in a pending dispute, according to his BrokerCheck record, accessed on May 16, 2022. If you have questions about Daniel Watkins’s conduct as a broker, read on.

Investor Dispute

In a pending dispute filed on March 2, 2022, an investor alleges that Daniel Watkins failed to adequately disclose the tax consequences associated with rebalancing the client’s account in August 2021.

FINRA Rule 2020

The omission of information involving clients’ investments and accounts violates FINRA Rule 2020, which forbids the use of manipulation, deception, and other fraudulent methods of influencing investors’ decisions. It also prohibits omitting material information, including tax consequences. 

Background Information

Daniel Watkins has passed the following exams:

  • Series 66 – Uniform Combined State Law Examination
  • SIE – Securities Industry Essentials Examination
  • Series 7 – General Securities Representative Examination

Daniel Watkins is a registered broker in 12 states and a registered investment adviser in Oregon and Texas.

Kurta Law Can Help

If you worked with Daniel Watkins 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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