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Edward Von Der Schmidt Barred by FINRA

Edward Von Der Schmidt (CRD #: 5735379), a broker formerly registered with Morgan Stanley & Company, has been barred by FINRA, according to his BrokerCheck record, accessed on October 23, 2022. Read on to learn more about his alleged conduct as a broker.

Bar by FINRA

On July 12, 2022, Edward Von Der Schmidt received a Letter of Suspension alleging that he failed to respond to FINRA requests for information.

Because he allegedly failed to request an end to his suspension within three months, it automatically converted to a permanent bar on October 17, 2022.

FINRA Rule 9552

FINRA Rule 9552 penalizes members who fail to provide documents, information, or testimony requested by FINRA with a suspension. Members have the opportunity to request an end to their suspension within three months of its imposition, after which it becomes a permanent bar.

Background Information

Edward Von Der Schmidt has passed the following exams:

  • Series 63 – Uniform Securities Agent State Law Examination
  • SIE – Securities Industry Essentials Examination
  • Series 3 – National Commodity Futures Examination
  • Series 7 – General Securities Representative Examination

He previously worked for the following firms:

  • Morgan Stanley & Company (CRD#:8209)
  • RBC Capital Markets (CRD#:31194)
  • RBS Securities (CRD#:11707)

Kurta Law Can Help

If you worked with Edward Von Der Schmidt 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 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.