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Edward Cohen Allegedly Recommended an Unsuitable Investment

Edward Cohen (CRD #: 4693017), a broker registered with Truist Investment Services, is the subject of an investor dispute. This disclosure appears on his BrokerCheck record, accessed on January 19, 2024. Keep reading if you have questions about his alleged conduct. 

On October 27, 2023, an investor alleges that Edward Cohen recommended an unsuitable investment.

What is an Unsuitable Investment?

FINRA Rule 2111 requires brokers to evaluate whether an investment strategy fits their investors’ financial goals. Brokers must examine the investor’s profile, which contains the following investor characteristics:

  • Age
  • Risk tolerance
  • Time horizon (i.e., how long the investor plans to hold the investment)
  • Investing experience
  • Tax status
  • Financial goals

Investors who rely on brokers for recommendations may be able to recover losses from unsuitable investment recommendations by pursuing FINRA arbitration.

Background Information 

Edward Cohen has passed the following exams: 

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

He is a registered broker and investment adviser in Florida. He is also a registered broker in California, Georgia, and Tennessee. 

During his 19 years in the industry, he has registered with six firms: 

  • Truist Investment Services (CRD #: 17499) 
  • SunTrust Investment Services (CRD #: 17499) 
  • Princor Financial Services Corporation (CRD #: 1137) 
  • Foresters Equity Services (CRD #: 18464) 
  • MetLife Securities (CRD #: 14251) 
  • Metropolitan Life Insurance (CRD #: 4095) 

Kurta Law Can Help 

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