Edward Winokur is the Subject of an Investor Dispute

Edward Winokur (CRD #: 2979697), a broker registered with Oppenheimer & Co., is the subject of an investor dispute. This is according to his BrokerCheck record, accessed on June 17, 2024. Keep reading if you have questions regarding his alleged conduct. 

Investor Allegations 

On April 26, 2024, an investor alleged that Edward Winokur recommended investments that were not in the client’s best interest. The investments allegedly took place between October 2021 through January 2022. The dispute was denied by the firm, but investors should know that firms can deny disputes without any external review. Investors can still recover funds following a denial. 

On December 9, 2019, an investor alleged Edward Winokur executed an excessive number of trades of poorly performing stocks, bonds, and mutual funds. He also allegedly did not inform the investor of the associated costs of these transactions. The investor sought $125,000 but this dispute was also denied. 

Regulation Best Interest

Regulation Best Interest (Reg-BI) is an SEC regulation that requires brokerage firms to put their clients’ best interests first. For example, firms must conduct reasonable due diligence when researching investments to ensure their recommendations are suitable for the investor.

Background Information 

Edward Winokur has passed the following exams: 

• Series 65 Uniform Investment Adviser Law Examination 
• Series 66 Uniform Combined State Law Examination
• SIE – Securities Industry Essentials Examination 
• Series 7 General Securities Representative Examination 
• Series 3 National Commodity Futures Examination 

He is a registered broker in 15 states and is a registered investment adviser in Florida. 

During his 24 years of experience, Edward Winokur has registered with the following firms: 

• Oppenheimer & Co. (CRD #: 249) 
• Ameriprise (CRD #: 6363) 
• RBC Capital Markets (CRD #: 31194) 
• J.B. Hanauer & Co. (CRD #: 6958) 
• H&R Block Financial Advisors (CRD #: 5979) 
• Dean Witter Reynolds (CRD #: 7556) 

Kurta Law Can Help 

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