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Investor Alleges Gregory Cunningham Executed Unauthorized Trades

Dec 28, 2021 Unauthorized Trading

Gregory Cunningham (CRD #:2477804), a broker registered with  Raymond James Financial Services, is involved in an investor dispute alleging unauthorized trades, according to his BrokerCheck record, accessed on December 8, 2021. He is also an investment advisor with Raymond James Financial Services Advisors. 

Keep reading for more details if you are concerned about Gregory Cunningham's conduct as a broker. 

Investor Allegations 

On August 9, 2021, an investor dispute was filed against Gregory Cunningham, alleging that he executed unauthorized trades. FINRA Rule 2510 requires that brokers only execute trades without authorization in discretionary accounts. For non-discretionary accounts, investors must always seek their customer’s written authorization. Making unauthorized trades in or facilitating unauthorized withdrawals from a customer's account is a breach of the duty to observe high standards of commercial honor and just and equitable principles, in violation of FINRA Rule 2010. 

The dispute was denied, but investors should know that a denial does not mean the end of the dispute. You can still seek FINRA arbitration and recover your losses following a denial.  

Background Information 

Gregory Cunningham 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 
  • Series 8 - General Securities Sales Supervisor Examination (Options Module & General Module) 

He is a registered broker in 11 states. He is also a registered investment advisor in Utah and Texas. 

Gregory Cunningham has also worked with: 

  • Raymond James & Associates (CRD#:705) 

Kurta Law Can Help 

If you have worked with Gregory Cunningham and have concerns about your investments, don't hesitate to contact us today at 877-600-0098 or 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 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.