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David Carlson Allegedly Failed to Follow Client’s Investment Instructions

David Carlson (CRD #: 2214571), a broker registered with UBS Financial Services, allegedly failed to follow an investor’s instructions, according to his BrokerCheck record, accessed on May 17, 2023. Keep reading if you want to know more about his alleged conduct as a broker.

Investor Dispute

On April 4, 2023, an investor alleged that David Carlson failed to follow her instructions by placing her money in aggressive investment funds rather than low-risk investments. This dispute is currently pending.

FINRA Rule 2010

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Violations of many other rules may also qualify as violations of FINRA Rule 2010.

Background Information

David Carlson has passed the following exams:

  • Series 66 – Uniform Combined State Law Examination
  • Series 63 – Uniform Securities Agent State Law Examination
  • SIE – Securities Industry Essentials Examination
  • Series 7 – General Securities Representative Examination
  • Series 6 – Investment Company Products/Variable Contracts Representative Examination

David Carlson is a registered broker in 30 states and the District of Columbia. He is also a registered investment adviser in Connecticut and Texas.

He has also worked for Kidder, Peabody & Company (CRD#:7613) and Scudder Investor Services (CRD#:754).

Kurta Law Can Help

If you worked with David Carlson 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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