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Jack Wong Allegedly Gave Unsuitable Investment Recommendations

Jack Wong (CRD #: 4210410), a broker registered with Morgan Stanley, allegedly made unsuitable investment recommendations, according to his BrokerCheck record, accessed on May 14, 2025. Read on if you have questions about his alleged conduct as a broker.

Investor Dispute

On February 26, 2025, an investor alleged that Jack Wong recommended unsuitable investments in the client’s managed accounts from June 2021 to September 2023. This dispute is pending.

FINRA Rule 2111

FINRA Rule 2111 requires brokers to tailor their investment recommendations to suit investors’ profiles, which describe characteristics such as their age, tax status, and financial goals.

Investors who feel their losses were caused by unsuitable investment recommendations may be able to recover their funds through FINRA arbitration.

Background Information

Jack Wong has passed the following exams:

  • General Securities Sales Supervisor – General Module Examination – Series 10
  • General Securities Sales Supervisor – Options Module Examination – Series 9
  • Securities Industry Essentials Examination – SIE
  • Futures Managed Funds Examination – Series 31
  • General Securities Representative Examination – Series 7
  • Uniform Combined State Law Examination – Series 66

Jack Wong is a registered broker in 33 states and the District of Columbia. He is also a registered investment adviser in California and Texas.

He has also worked for the following firms:

  • Wells Fargo Advisors (CRD#:19616)
  • Wells Fargo Investments (CRD#:10582)
  • Morgan Stanley DW (CRD#:7556)
  • Wells Fargo Securities (CRD#:17438)

Kurta Law Can Help

If you worked with Jack Wong 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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