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James Moriarty Allegedly Violated Regulation Best Interest

James Moriarty (CRD #: 2263987), a broker registered with Morgan Stanley, is the subject of an investor dispute. This is according to his BrokerCheck record, accessed on July 23, 2024. Details concerning this dispute are provided below. 

Investor Allegations

On May 21, 2024, an investor alleged that James Moriarty recommended a short hedge investment strategy that was not in his best interests. 

Regulation Best Interest

Regulation Best Interest (Reg-BI) is an SEC regulation that requires brokerage firms to put their clients’ best interests first. For example, firms must conduct reasonable due diligence when researching investments to ensure their recommendations are suitable for the investor.

Background Information 

James Moriarty has passed the following exams: 

  • Series 65 Uniform Investment Adviser Law Examination 
  • Series 63 Uniform Securities Agent State Law Examination 
  • SIE – Securities Industry Essentials Examination 
  • Series 3 National Commodity Futures Examination 
  • Series 7 General Securities Representative Examination

He is a registered broker in 50 states, D.C., Puerto Rico, and the Virgin Islands. He is a registered investment adviser in Florida, Illinois, and Texas. 

During his 31 years of experience, James Moriarty has registered with two firms: Morgan Stanley (CRD #: 149777) and Morgan Stanley & Co. (CRD #: 8209). 

Kurta Law Can Help 

If you have worked with James Moriarty and have concerns about your investments, do not hesitate to contact us at 877-600-0098 or email info@kurtalawfirm.com for a free consultation. 

For nearly 20 years, Kurta Law has advocated for investors 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. Do not let securities fraud go unchecked. Start your recovery process today.

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