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Heather Blank Named in Suitability Dispute

Heather Blank (CRD #: 4837391), a broker registered with Edward Jones, is involved in a pending dispute, according to her BrokerCheck record, accessed on August 28, 2022. Keep reading to learn more about her conduct as a broker.

Investor Dispute

On June 29, 2022, an investor alleged that Heather Blank facilitated an investment in a mutual fund that was too risky and did not match the client’s goals. This dispute is pending. Mutual funds may be unsuitable for an investor’s needs, and their recommendation may violate FINRA Rule 2111. 

Mutual funds can come with unnecessary fees and can be high risk depending on their underlying investments. 

FINRA Rule 2111

FINRA Rule 2111 requires brokers to determine whether an investment fits their client’s financial goals. Brokers must consult the investor’s profile, which describes their age, risk tolerance, other investments, financial goals, and other characteristics.

Investors who believe their losses are the result of unsuitable investment recommendations can pursue FINRA arbitration and potentially recover their funds.

FINRA Rule 2010

FINRA Rule 2010 holds brokers to high standards of professional honor and just and equitable principles of trade.

Background Information

Heather Blank has passed the following exams:

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

Heather Blank is a registered broker in 21 states and a registered investment adviser in Illinois and Texas.

Kurta Law Can Help

If you worked with Heather Blank 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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