Darren Ting is the Subject of a FINRA Suspension
Darren Ting (CRD #: 6814035) has been suspended by FINRA. This disclosure appears on his BrokerCheck record, accessed on March 26, 2024. Keep reading if you have questions concerning his alleged conduct.
Regulatory Action
On December 12, 2023, Darren Ting consented to the entry of findings that he exercised discretionary authority to affect trades in customer accounts without obtaining written authorization from the customer and without his firm accepting the accounts as discretionary.
FINRA also alleged that he caused his firm to maintain inaccurate records.
FINRA Rule 4511
FINRA Rule 4511 requires firms to keep accurate and up-to-date books and records.
Unauthorized Trading
Unauthorized trading violates FINRA Rule 3260, which limits brokers to exercising their trading discretion in pre-approved discretionary accounts.
High Standards of Commercial Honor
FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Unauthorized trading also violates this rule.
Terms of the AWC
FINRA fined Darren Ting $10,000 and suspended him for four months.
Background Information
Darren Ting has passed the following exams:
- Series 66 – Uniform Combined State Law Examination
- SIE – Securities Industry Essentials Examination
- Series 7 General Securities Representative Examination
During his four years in the industry, he registered with the following firms: JP Morgan Securities (CRD #: 79) and Merrill Lynch, Pierce, Fenner & Smith.
Kurta Law Can Help
If you have worked with Darren Ting and have concerns about your investments, do not hesitate to contact us at 877-600-0098 or 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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