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David Nyquist is the Subject of an Investor Dispute

David Nyquist (CRD #: 4503469), a broker registered with LPL Financial, is the subject of an investor dispute. This is according to his BrokerCheck record, accessed on June 14, 2024. Keep reading if you have questions. 

Investor Dispute

On April 29, 2024, an investor alleged that David Nyquist misappropriated funds. The investor sought $50,000 but the dispute was denied by the firm. Investors should know, however, that firms can deny disputes without any external review. Investors can still recover losses following a denial. 

High Standards of Commercial Honor 

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Misappropriation would violate this rule. 

Background Information 

David Nyquist has passed the following exams: 

  • Series 66 Uniform Combined State Law Examination 
  • SIE – Securities Industry Essentials Examination 
  • Series 7 General Securities Representative Examination 
  • Series 24 General Securities Representative Examination 

He is a registered broker in 17 states and is a registered investment advisor in Texas. 

Kurta Law Can Help 

If you have worked with David Nyquist 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.

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