Investor Alleges Donna Bromfield-Day Executed Unauthorized Trades

Donna Bromfield-Day (CRD #: 5480459), a broker registered with Wells Fargo Clearing Services, is the subject of an investor dispute, according to her BrokerCheck record, accessed on May 14, 2025. Investors may have also worked with him through Wells Fargo Advisors. If you have questions about her alleged conduct as a broker, read on.

Investor Dispute

On February 26, 2025, an investor alleged that Donna Bromfield-Day was part of a team from 2021-2022 that executed unauthorized trades and made unsuitable investments that led to losses. This dispute is currently pending.

FINRA Rule 3260

Unauthorized trading violates FINRA Rule 3260, which limits brokers to engaging in discretionary trading only in pre-authorized accounts. Both the firm and the client must approve an account before discretionary trading can occur.

FINRA Rule 2111

FINRA Rule 2111 requires brokers to recommend securities that adequately fit an investor’s financial goals. Brokers must consider the information in the investor’s profile, such as their tax status, risk tolerance, and age when recommending investments.

Investors who feel their losses were caused by unsuitable investment recommendations may be able to recover their funds through FINRA arbitration.

Background Information

Donna Bromfield-Day has passed the following exams:

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

Donna Bromfield-Day is a registered broker in 23 states and a registered investment adviser in Florida, Louisiana, and Texas.

She has also worked for Morgan Stanley (CRD#:149777) and Morgan Keegan & Company (CRD#:4161).

Kurta Law Can Help

If you worked with Donna Bromfield-Day 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 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.