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Gregory Napolitano Embroiled in $1 Million Dispute

Gregory Napolitano (CRD #: 4489745), a broker registered with Ameritas Investment Company, has been added to a pending arbitration, according to his BrokerCheck record, accessed on September 5, 2022. If you have questions about his conduct as a broker, read on.

Investor Dispute

On June 13, 2022, an investor added Gregory Napolitano to an existing FINRA arbitration filed against Ameritas Investment Company in February 2019, alleging a failure to supervise. The client seeks $1 million in this pending arbitration.

FINRA Rule 3110

Failure to supervise violates FINRA Rule 3110, which requires firms to establish systems of supervision to ensure their compliance with securities regulations. This includes selecting supervisors with the requisite training or experience.

Background Information

Gregory Napolitano 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 62 – Corporate Securities Limited Representative Examination
  • Series 6 – Investment Company Products/Variable Contracts Representative Examination
  • Series 24 – General Securities Principal Examination

Gregory Napolitano is a registered broker in 13 states and a registered investment adviser in New Jersey and New York.

He has also worked for the following firms:

  • Ameritas Advisory Services (CRD #: 14869) 
  • TFS Securities (CRD#:20626)
  • MML Investors Services (CRD#:10409)
  • New England Securities (CRD#:615)

Kurta Law Can Help

If you worked with Gregory Napolitano 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 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. 

 

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