Frederick Andersson Facing an Annuity Dispute

Frederik Andersson (CRD #: 2343890), a broker registered with Morgan Stanley, is the subject of an investor dispute. This is according to his BrokerCheck record, accessed on August 9, 2024. Details concerning these allegations are provided below. 

Customer Dispute

On July 23, 2024, an executor of Frederick Anderson’s estate alleged that purchases of annuities for a client were not in his best interest. The dispute was denied, but investors should know that firms can deny disputes without any external review. Investors can still recover funds following a firm denial. 

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 

Frederick Anderson 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 Examination 
• Series 3 National Commodity Futures 
• Series 31 Futures Managed Funds Examination 
• Series 7 General Securities Representative Examination  
• Series 6 Investment Company Products/ Variable Contracts Representative Examination 
• Series 10 General Securities Sales Supervisor – General Module Examination 
• Series 9 General Securities Sales Supervisor – Options Module Examination 
• Series 8 General Securities Sales Supervisor Examination (Options Module & General Module)
• Series 24 General Securities Principal Examination 

He is a registered broker in 30 states, D.C., and Puerto Rico. He is a registered investment adviser in Arizona, Colorado, New Mexico, and Texas. 

During his 31 years of experience, Frederick Anderson has registered with five firms: 

• Morgan Stanley (CRD #: 149777) 
• Morgan Stanley & Co. Incorporated (CRD #: 8209) 
• Morgan Stanley (CRD #: 7556)
• Equico Securities (CRD #: 6627) 
• The Equitable Life Assurance Society of the United States (CRD #: 4039) 

Kurta Law Can Help 

If you worked with Frederick Anderson 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.