Howard Douglas Permitted to Resign from Equitable Advisors
Howard Douglas (CRD #: 1043662), a previously registered broker, has been permitted to resign from Equitable Advisors, according to his BrokerCheck record, accessed on February 7, 2022.
On November 30, 2021, Howard Douglas was permitted to resign from Equitable Advisors following allegations that he conducted trades in an investment advisory account after a client was deceased. He also allegedly certified that he conducted an annual review of the same account after the client was deceased.
Once a client has died, the broker no longer has the authority to conduct securities transactions. For joint accounts, FINRA states the firm must have a letter of authorization from the surviving tenant. Once an investor dies, firms usually sets up a new account for the beneficiary or estate.
Howard Douglas has passed the following exams:
- Series 66 Uniform Combined State Law Examination
- Series 63 Uniform Securities Agent State Law Examination
- SIE – Securities Industry Essentials Examination
- Series 7 General Securities Representative Examination
- Series 22 Direct Participation Programs Representative Examination
- Series 24 General Securities Principal Examination
- Series 39 Direct Participation Programs Principal Examination
Howard Douglas is a registered investment adviser in New York and California.
He has worked with the following firms:
- APS Wealth Management (CRD #: 298233)
- Equitable Advisors (CRD #: 6627)
- Mony Securities Corporation (CRD #: 4386)
- Trusted Securities Advisors (CRD #: 24049)
- Jaron Equities (CRD #: 5764)
- Long Island Network Securities (CRD #: 15824)
- Robert Todd Financial Corp. (CRD #: 7423)
- George Stanley Setlin Financial (CRD #: 13303)
Kurta Law Can Help
If you have worked with Howard Douglas and have concerns about your investments, don’t hesitate to contact us today at 877-600-0098 or email@example.com for a free consultation.
For nearly 20 years, Kurta Law has advocated on behalf of investors who have lost money following broker fraud or misconduct. Kurta Law is a nationally recognized law firm and exclusively represents investors on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf. Our attorneys will work tirelessly to restore your lost funds and get your financial future back on track.