David Dodson is the Subject of Structuring Allegations

David Dodson (CRD #: 2363957) has been suspended by FINRA. This is according to his BrokerCheck record, accessed on June 3, 2024. Keep reading if you have questions regarding his alleged conduct. 

Regulatory Action 

On March 22, 2024, David Dodson entered into an Acceptance, Waiver, and Consent agreeement (AWC) in which he consented to the findings that he intentionally made cash deposits totaling $248,460 in two different bank accounts structured in amounts below $10,000 to avoid federal reporting requirements that would have caused the financial institutions to file Currency Transaction Reports (CTRs). 

FINRA requires firms to flag structured deposits as part of their anti-money laundering programs. 

As part of the terms of the AWC, David Dodson consented to a $10,000 and a 20-month suspension. 

You can read a copy of the AWC here. 

Employment Separation After Allegations 

JP Morgan fired David Dodson following allegations that he violated the firm’s policy governing personal finances. 

Background Information 

David Dodson 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 7 General Securities Representative Examination 
• Series 24 General Securities Representative Examination

During his 28 years of experience, he has registered with nine firms. These are the five most recent: 

• International Assets Advisory (CRD #: 10645) 
• JP Morgan Securities (CRD #: 79) 
• Morgan Stanley (CRD #: 149777) 
• Merrill Lynch, Pierce, Fenner & Smith (CRD #: 7691) 
• Suntrust Securities (CRD #: 17499) 

Kurta Law Can Help 

If you have worked with David Dodson and have concerns about your investments, do not hesitate to contact us at 877-600-0098 or email 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.