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Investor Alleges Edward Semmerling Recommended Unsuitable Funds

Edward Semmerling (CRD #: 4897110), a broker registered with Edward Jones, was the subject of a recent investor dispute, according to his BrokerCheck record, accessed on August 20, 2022. Read on if you want to learn more about his conduct as a broker.

Investor Dispute

On May 6, 2022, an investor alleged that Edward Semmerling selected funds that were unsuitable for them given their age and risk profile. This dispute was denied by the firm.

However, investors should be aware that firms can deny disputes without an external review. Investors can still seek out FINRA arbitration following a denial and may be able to recover their losses.

FINRA Rule 2111

FINRA Rule 2111 requires brokers to tailor their investment recommendations to an investor’s profile. An investor’s profile describes their age, financial goal, risk tolerance, and other relevant characteristics.

Investors who have lost money through unsuitable investment recommendations may be able to recoup their losses by pursuing FINRA arbitration.

Background Information

Edward Semmerling has passed the following exams:

  • Series 66 – Uniform Combined State Law Examination
  • Series 63 – Uniform Securities Agent State Law Examination
  • SIE – Securities Industry Essentials Examination
  • Series 7 – General Securities Representative Examination
  • Series 6 – Investment Company Products/Variable Contracts Representative Examination

Edward Semmerling is a registered broker in 18 states and a registered investment adviser in Florida and Texas.

He previously worked for Banc of America Investment Services (CRD#:16361).

Kurta Law Can Help

If you worked with Edward Semmerling and you have concerns about your investments, please contact us today at 877-600-0098 or 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 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.