Elliott Katz Allegedly Omitted Information Concerning Long-Term CDs

Elliott Katz (CRD #: 839300), a broker registered with Stifel, Nicolaus & Company is the subject of an investor dispute. This is according to his BrokerCheck record, accessed on May 14, 2024. Keep reading if you have questions regarding his alleged conduct. 

Investor Allegations 

On April 8, 2024, an investor alleged that Elliott Katz invested his customer in long-term certificates of deposit without providing the customer with the CD maturity dates at the time of purchase. 

Misrepresentation 

FINRA Rule 2020 forbids the use of deceptive, manipulative, and otherwise fraudulent methods to influence the purchase and sale of securities. The misrepresentation or omission of material facts violates this rule.

High Standards of Commercial Honor 

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Violations of FINRA Rule 2020 also violate this rule. 

Background Information 

Elliott Katz has passed the following exams: 

• Series 65 Uniform Investment Adviser Law Examination 
• Series 63 Uniform Securities Agent State Law Examination 
• SIE – Securities Industry Essentials Examination 
• Series 7 General Securities Representative Examination 
• Series 9 General Securities Sales Supervisor – Options Module Examination 
• Series 10 General Securities Sales Supervisor – General Module Examination 
• Series 8 General Securities Sales Supervisor Examination (Options Module & General Module) 

He is a registered broker in 22 states and is a registered investment adviser in Indiana, Texas, and Wisconsin. 

Kurta Law Can Help 

If you have worked with Elliott Katz 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.