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George Howard Allegedly Recommended a Speculative, Illiquid Investment

Jul 25, 2022 Unsuitable Investments

George Howard (CRD #: 2958866), a broker registered with Centaurus Financial, is the subject of a pending dispute, according to his BrokerCheck record, accessed on July 13, 2022. Read on to learn more about George Howard’s conduct as a broker.

Investor Dispute

On June 10, 2022, several investors filed a dispute alleging that George Howard recommended a speculative, high-risk, and illiquid investment in June 2020. The clients seek $100,000 in this pending dispute.

FINRA Rule 2111

FINRA Rule 2111 requires brokers to evaluate whether an investment fits their investor’s financial goals. Brokers must examine the investor’s profile, which contains the following investor characteristics:

  • Age
  • Financial goals
  • Risk tolerance
  • Time horizon (i.e., how long the investment will be held)
  • Investing experience
  • Tax status

Investors who feel their losses are the result of unsuitable investment recommendations may be able to recover their funds through FINRA arbitration.

Background Information

George Howard 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

George Howard is a registered broker in 10 states and a registered investment adviser in seven states.

He has also worked for the following firms:

  • Berthel, Fisher & Company Financial Services (CRD#:13609)
  • BFC Planning (CRD#:119682)
  • J P Turner & Company Capital Management (CRD#:124446)
  • J.P. Turner & Company (CRD#:43177)
  • Delta Global Asset Management (CRD#:129376)
  • Delta Equity Services (CRD#:15650)
  • Wachovia Securities (CRD#:19616)
  • Prudential Securities (CRD#:7471)
  • Salomon Smith Barney (CRD#:7059)

Kurta Law Can Help

If you worked with George Howard and you 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 and 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.