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JPMorgan Chase Bank Fires Dro Grigorian

Dro Grigorian (CRD #:6108266), a formerly registered broker, was recently fired by JPMorgan Chase Bank, according to his BrokerCheck record, accessed on February 2, 2022. 

Termination Details

On October 8, 2021, JPMorgan Chase Bank fired Dro Grigorian. According to the firm allegations, while acting in the capacity of an affiliate bank employee, Dro Grigorian switched the primary and secondary names when opening a new affiliate bank account for existing customers, making the registered representative eligible for affiliate bank credit.

FINRA Rule 4511 requires each member to make and preserve books and records in conformity with Section 17(a) of the Exchange Act and Exchange Act Rule 17a-3. A registered representative who falsifies firm records causes the firm to maintain inaccurate books and records in violation of FINRA Rule 4511. FINRA Rule 4511 applies to customer account information, communications between brokers and investors, as well as records of written customer complaints. 

Causing a FINRA-regulated broker-dealer to make or preserve inaccurate records also constitutes a violation of FINRA Rule 2010, which states that brokers must uphold high standards of commercial honor.

Background Information

Dro Grigorian has passed the following exams:

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

Besides JP Morgan Securities (CRD #: 79), Dro Grigorian has also worked with Chase Investment Services Corp. (CRD#:25574)

Kurta Law Can Help

If you have been victimized after working with Dro Grigorian, don’t hesitate to contact us today 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 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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