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Herbert Clark Subject of an Investor Dispute

Securities Lawyer Jonathan Kurta
By: Jonathan Kurta Author
September 19, 2023 at 8:38pm

Herbert Clark (CRD #: 4267826), a previously registered broker with Cetera Financial Specialists, is the subject of an investor dispute, according to his BrokerCheck record, accessed on September 19, 2023. Keep reading if you have questions about his conduct. 

On July 25, 2023, an investor alleged Herbert Clark opened accounts in her name and transferred funds without her knowledge. He also allegedly failed to provide account-related documentation to the customer. 

FINRA Rule 2150

FINRA Rule 2150 forbids brokers from misusing investors’ funds. Transferring funds without an investor’s knowledge may violate this rule. 

FINRA Rule 2010 

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Violations of many other rules may also qualify as violations of FINRA Rule 2010.

Background Information 

Herbert Clark has passed the following exams: 

  • Series 63 Uniform Securities Agent State Law Examination 
  • SIE – Securities Industry Essentials Examination 
  • Series 6 Investment Company Products / Variable Contracts Representative Examination 

During his 20 years of experience, Herbert Clark has registered with two firms: 

  • Cetera Financial Specialists (CRD #: 10358) 
  • C.J.M. Planning Corp (CRD #: 5698) 

Kurta Law Can Help

If you worked with Herbert Clark 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.

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