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Ejiro Okuma Resigns from Equitable Advisors Following Misappropriation Allegations

Securities Lawyer Jonathan Kurta
By: Jonathan Kurta Author
September 29, 2025 at 10:31pm

Ejiro Okuma (CRD #: 5774832), a broker formerly registered with Equitable Advisors, resigned from that firm, according to his BrokerCheck record, accessed on September 2, 2025. Keep reading if you want to know more about his alleged conduct as a broker.

Resignation from Equitable Advisors

On June 16, 2025, Ejiro Okuma was permitted to resign from Equitable Advisors following allegations of misappropriation.

FINRA Rule 2010

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade.

FINRA Rule 2150

FINRA Rule 2150 prohibits the improper use of investors’ funds.

Investor Dispute

On June 4, 2025, an investor alleged that Ejiro Okuma converted their funds for his own benefit and the benefit of a family member. The client seeks $9.143 million in damages in this pending dispute.

Background Information

Ejiro Okuma has passed the following exams:

  • Securities Industry Essentials Examination – SIE
  • General Securities Representative Examination – Series 7
  • Uniform Combined State Law Examination – Series 66

He previously worked for Equitable Advisors (CRD#:6627) and Edward Jones (CRD#:250).

Kurta Law Can Help

If you worked with Ejiro Okuma and you have concerns about your investments, please contact us today at 877-600-0098 or info@kurtalawfirm.com 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. 

 

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