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James Williams Allegedly Violated Florida Securities Law

Aug 16, 2022 Negligence

James Wiliams (CRD #: 1631008), a broker registered with Newbridge Securities Corporation, allegedly acted negligently, according to his BrokerCheck record, accessed on July 31, 2022. If you have questions about James Wiliams’s conduct as a broker, read on.

Investor Dispute

On June 1, 2022, an investor alleged that James Williams engaged in negligence and negligent supervision and violated Florida’s Securities and Investor Protection Act. The client seeks $150,000 in this pending dispute.

FINRA Rule 3110

FINRA Rule 3110 requires firms to establish and enforce systems of supervision. This includes ensuring that supervisors have the appropriate training or experience for their roles.

What is broker negligence?

Brokers can act in many negligent ways, including giving unsuitable investment recommendations, misrepresenting investments, and conducting unauthorized trading. Investors who feel their losses are the result of broker negligence may be able to recover their funds through FINRA arbitration.

What are blue sky laws?

Blue sky laws are state-level securities regulations that provide extra protection against fraud and define what investments qualify as securities in a particular state.

Background Information

James Wiliams 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 7 – General Securities Representative Examination
  • Series 3 – National Commodity Futures Examination

James Wiliams is a registered broker in 26 states.

He has also worked for the following firms:

  • Janney Montgomery Scott (CRD#:463)
  • A. G. Edwards & Sons (CRD#:4)
  • Smith Barney, Harris Upham & Company (CRD#:7059)
  • Drexel Burnham Lambert (CRD#:7323)

Kurta Law Can Help

If you worked with James Wiliams 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 and 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.