Danny Strain Named in an Unsuitable Investment Dispute
Danny Strain (CRD #: 437903), a broker registered with Cape Securities, is the subject of a pending investor dispute, according to his BrokerCheck record, accessed on September 2, 2022. Investments may have also engaged his services through Cape Investment Advisory. Keep reading if you have questions about his conduct as a broker.
Investor Dispute
A dispute filed on June 22, 2022, named Danny Strain in an allegation concerning an unsuitable investment product. The investor seeks $50,0000 in damages in this pending dispute.
FINRA Rule 2111
FINRA Rule 2111 defines suitable investments as securities that fit an investor’s profile. An investor’s profile describes information about their risk tolerance, financial goals, and age.
Investors who rely on their broker for recommendations may be able to recoup their losses through FINRA arbitration.
FINRA Rule 2010
FINRA Rule 2010 requires brokers to uphold high standards of commercial honor and just and equitable principles of trade.
Background Information
Danny Strain has passed the following exams:
- Series 65 – Uniform Investment Adviser Law Examination
- Series 63 – Uniform Securities Agent State Law Examination
- SIE – Securities Industry Essentials Examination
- Series 1 – Registered Representative Examination
Danny Strain is a registered broker in Alabama and Georgia. He is also a registered investment adviser in Georgia.
He has also worked for the following firms:
- Resource Horizons Investment Advisory (CRD#:143384)
- Resource Horizons Group (CRD#:104368)
- Pan-American Financial Advisers (CRD#:15578)
- Aura Financial Services (CRD#:42822)
- ProEquities (CRD#:15708)
- Equity Services (CRD#:265)
- Pruco Securities (CRD#:5685)
Kurta Law Can Help
If you worked with Danny Strain 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.