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Genai Walker Subject of Long-Term CD Dispute

Genai Walker (CRD #: 6278502), a broker registered with Morgan Stanley, is the subject of an investor dispute. This is according to her BrokerCheck record, accessed on October 13, 2023. Keep reading if you have questions about her alleged conduct as a broker. 

On September 12, 2023, an investor alleged Genai Walker purchased a long-term certificate of deposit in December 2020 that was not in her best interests. 

FINRA Rule 2111 – Unsuitable Long-Term Investments

FINRA Rule 2111 defines suitable investments as securities that fit an investor’s profile. Investor profiles have information on the investor’s age, risk tolerance, tax status, investing experience, and financial goals. Brokers must also consider the investment time horizon and the investor’s liquidity needs – long-term investments often do not suit a client’s best interests. Investments that do not take these factors into account may be unsuitable. 

Investors who rely on brokers for recommendations may be able to recover losses from unsuitable investment recommendations by pursuing FINRA arbitration.

Background Information 

Genai Walker has passed the following exams: 

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

She is a registered broker in 29 states and D.C. She is a registered investment adviser in Texas. 

During her nine years of experience, Genai Walker has registered with two firms: Morgan Stanley (CRD #: 149777) and TD Ameritrade (CRD #: 7870). 

Kurta Law Can Help

If you worked with Genai Walker and have concerns about your investments, please contact us today at 877-600-0098 or 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.