Investors Allege Greg Waldman Violated Suitability Rule

Greg Waldman (CRD #: 4360478), a broker registered with Morgan Stanley, is the subject of an investor dispute, according to his BrokerCheck record, accessed on May 7, 2025. If you have questions about his alleged conduct as a broker, read on.

Investor Dispute

On March 5, 2025, multiple investors filed a dispute alleging that Greg Waldman violated the suitability rule with regard to a concentrated municipal bonds investment from 2018-2025. This dispute is currently pending.

FINRA Rule 2111

FINRA Rule 2111 requires brokers to recommend securities that suit an investor’s financial goals. Brokers must take into account the information described in an investor’s profile, such as their age, tax status, risk tolerance, and overall financial situation.

Brokers must also follow the suitability rule when it comes to investment strategies. For example, an investment strategy may be unsuitable if it overconcentrates an investor’s securities in a particular stock or sector.

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

Background Information

Greg Waldman has passed the following exams:

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

Greg Waldman is a registered broker in 41 states as well as the District of Columbia and the Virgin Islands. He is also a registered investment adviser in New York and Texas.

He has also worked for the following firms:

• Morgan Stanley & Company (CRD#:8209)
• Morgan Stanley DW (CRD#:7556)
• Prudential Securities (CRD#:7471)

Kurta Law Can Help

If you worked with Greg Waldman and you have concerns about your investments, please contact us today at 877-600-0098 or info@kurtalawfirm.com 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.