Heather Harris Suspended by FINRA

Heather Harris (CRD #: 4931204), a broker formerly registered with Equitable Advisors, has been suspended by FINRA, according to her BrokerCheck record, accessed on June 13, 2025. Keep reading to learn more about her alleged conduct as a broker.

FINRA Suspension

On May 15, 2025, Heather Harris received a Letter of Suspension from FINRA alleging failure to comply with an arbitration award/settlement agreement or to adequately respond to a request for information about the status of her compliance.

These allegations were made in connection with an arbitration award filed on March 21, 2025. In it, Equitable Advisors, LLC and Equitable Network, LLC alleged that she failed to repay the balance of a promissory note issued on January 21, 2020, after terminating her affiliation with the firms.

The arbitration award made Heather Harris liable to pay $46,664, interest of 5.75% per annum for the period of September 3, 2020, to March 21, 2025, and 10% interest afterward. You can read the arbitration award here.

Heather Harris’s suspension will continue until the required payment is made or the debt is discharged.

Article VI, Section 3 of FINRA By-Laws

Article VI, Section 3 of FINRA By-Laws allows FINRA to suspend or cancel the membership of any member who fails to comply with arbitration awards or settlement agreements.

FINRA Rule 9554

FINRA Rule 9554 penalizes brokers who fail to comply with arbitration awards or settlements by suspending or canceling their registration. Brokers have 21 days to request a hearing before their suspension or cancellation becomes final.

Background Information

Heather Harris has passed the following exams:

• Securities Industry Essentials Examination – SIE
• General Securities Representative Examination – Series 7
• Investment Company Products/Variable Contracts Representative Examination – Series 6
• Uniform Combined State Law Examination – Series 66

She previously worked for the following firms:

• Equitable Advisors (CRD#:6627)
• Farmers Financial Solutions (CRD#:103863) 
• Waddell & Reed (CRD#:866)
• Merrill Lynch, Pierce, Fenner & Smith (CRD#:7691)
• Wells Fargo Advisors (CRD#:19616)
• Wells Fargo Investments (CRD#:10582)
• Chase Investment Services (CRD#:25574)
• Banc One Securities Corporation (CRD#:16999)

Kurta Law Can Help

If you worked with Heather Harris 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.