Glennon James Cole (CRD #1999588) Has Customer Dispute Disclosures on FINRA BrokerCheck
Glennon James Cole (CRD #1999588) has been the subject of disclosure events on FINRA BrokerCheck. According to Glennon Cole’s FINRA BrokerCheck report, accessed on January 20, 2026, the report reflects customer disputes, an employment separation, a criminal disclosure, and a judgment/lien disclosure. If you have worked with Glennon Cole and you have concerns about his activity, keep reading.
BrokerCheck link: BrokerCheck
BrokerCheck report: BrokerCheck Report (PDF)
Employment Separation
Glennon Cole’s FINRA BrokerCheck Report reflects one employment separation disclosure. A summary of the disclosure is below:
On February 8, 2021, Moloney Securities Co., Inc. discharged Glennon Cole. The disclosure states the allegations involved a FINRA disqualification as defined in Section 3(a)(39) of the Securities Exchange Act of 1934. The firm statement notes that, on advice of defense counsel, Glennon Cole entered a felony guilty plea, later sought to withdraw it (and was denied), and that the court issued a suspended imposition of sentence, which does not constitute a conviction in Missouri.
Investor Disputes / Customer Complaints
Glennon Cole’s FINRA BrokerCheck Report reflects 14 customer dispute disclosures. A summary of two of the disputes is below:
On November 18, 2025, a customer alleged suitability and negligence in connection with recommendations made during 2018–2020. The matter is pending and reflects alleged damages of $84,000. The disclosure lists the arbitration forum as FINRA (Case #25-02503), and the firm statement indicates Glennon Cole refutes the allegations.
On August 26, 2024, a customer alleged suitability and negligence in connection with recommendations made during 2013–2018. The matter is pending and reflects alleged damages of $400,000. The disclosure lists the arbitration forum as FINRA (Case #24-01792), and the firm statement indicates Glennon Cole refutes the allegations.
BrokerCheck also reflects 12 additional customer dispute disclosures.
Criminal Charges
Glennon Cole’s FINRA BrokerCheck Report reflects one criminal disclosure. A summary of the disclosure is below:
According to the report, formal charges were brought in state court on June 25, 2019, involving allegations of harassment and threatening dissemination of images (two counts; felony). The report reflects that the matter reached a final disposition on August 20, 2020, and that the sentence/penalty included a suspended imposition of sentence and five-year probation (8/20/2020–8/20/2025). The report notes the disposition as a personal, non-securities and non-customer related domestic matter. In a statement included in the report, Glennon Cole stated that, on advice of defense counsel, he entered a guilty plea, later sought to withdraw it (which was denied), and the court issued a suspended imposition of sentence, which does not constitute a conviction in Missouri.
Judgment / Lien
Glennon Cole’s FINRA BrokerCheck Report reflects one judgment/lien disclosure. A summary of the disclosure is below:
The report reflects a tax lien in the amount of $30,000.00, held by the IRS, filed on December 12, 2012, and reported as outstanding. In a statement included in the report, Glennon Cole stated the lien was a settlement amount from a St. Louis, Missouri case; he further stated the amounts went from $304,590 originally, were reduced after hearings, and ultimately settled at $30,000 with an ongoing payment schedule.
Rule summary #1: FINRA Rule 2111 (Suitability)
FINRA Rule 2111 (Suitability) requires brokers and firms to have a reasonable basis to believe a recommendation is suitable for a customer, based on the customer’s investment profile and the facts of the recommendation.
Rule summary #2: FINRA Rule 2010
FINRA Rule 2010 is a broad, principles-based rule requiring members to observe high standards of commercial honor and just and equitable principles of trade. FINRA frequently cites Rule 2010 in matters involving unethical conduct.
Why this Matters to Investors (Regulation Best Interest)
Regulation Best Interest (Reg BI) is a U.S. securities regulation designed to strengthen the standard of conduct that broker-dealers owe to retail investors when making recommendations about securities transactions or investment strategies. Adopted by the U.S. Securities and Exchange Commission and effective as of June 30, 2020, Reg BI aims to enhance investor protection while preserving investor access to brokerage products and services.
Reg BI requires broker-dealers and financial advisors to act in the best interest of the retail customer at the time a recommendation is made, and not to place their own financial or other interests ahead of the customer’s. This represents a higher standard than the historical “suitability” requirement, which only required that recommendations be suitable, not necessarily optimal or conflict-free.
Reg BI is built around four key obligations:
- Disclosure Obligation – Broker-dealers must disclose material facts about the relationship and recommendations, including fees, scope of services, and conflicts of interest.
- Care Obligation – Recommendations must be made with reasonable diligence, care, and skill, considering costs, risks, and alternatives.
- Conflict of Interest Obligation – Firms must identify, disclose, and mitigate or eliminate conflicts, particularly those that create incentives to favor one product over another.
- Compliance Obligation – Firms must establish policies and procedures designed to ensure compliance with Reg BI as a whole.
Importantly, Reg BI applies at the recommendation level, not as a continuous duty like the fiduciary standard applicable to registered investment advisers. Still, it significantly narrows the gap by emphasizing cost considerations, conflict management, and investor-focused decision-making.
Overall, Regulation Best Interest seeks to promote transparency, improve the quality of investment recommendations, and reinforce trust between retail investors and broker-dealers in the U.S. securities markets.
Background Information
Based on his BrokerCheck Report, Glennon Cole:
- Is not currently registered.
- Previously was registered with Moloney Securities Co., Inc., First Brokerage America, L.L.C., Huntleigh Securities Corporation, Summit Brokerage Services, Inc., UBS PaineWebber Inc., and Edward Jones.
- Has passed 2 General Industry/Product Exams and 1 State Securities Law Exam.
Kurta Law Can Help
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. If you have worked with Glennon Cole and you have concerns about his activity, contact Kurta Law today at (877) 286-5056 or email us at attorneys@kurtalawfirm.com.
Helpful resources: Unsuitable Investments | Stockbroker Fraud
Kurta Law can help investigate claims involving unsuitable investment recommendations, negligence, and other forms of broker misconduct.