Fletcher King Allegedly Recommended Investments that Were Not in a Client’s Best Interests

Fletcher King (CRD #: 2630332), a broker registered with Morgan Stanley, is the subject of an investor dispute. This is according to his BrokerCheck record, accessed on March 28, 2024. Keep reading if you have questions concerning his alleged conduct. 

Investor Dispute

On February 1, 2024, an investor alleged that Fletcher King recommended investments that were not in her best interests. The investor is seeking $96,245. 

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.

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 Regulation Best Interest also violate this rule. 

Background Information 

Fletcher King 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 31 Futures Managed Funds Examination 
• Series 7 General Securities Representative Examination

He is a registered broker in 21 states and is a registered investment adviser in Delaware. 

During his 28 years of experience, Fletcher King has registered with three firms: 

• Morgan Stanley (CRD #: 149777) 
• Morgan Stanley & Co. (CRD #: 8209) 
• Morgan Stanley DW (CRD #: 7556) 

Kurta Law Can Help 

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