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James Wyland Was Permitted to Resign from Sequoia Financial Group

James Wyland (CRD #: 473655) was permitted to resign by Sequoia Financial Group following allegations. This disclosure appears on his BrokerCheck record, accessed on December 15, 2023. Details concerning his resignation are provided below. 

On October 20, 2023, James Wyland was permitted to resign by Sequoia Financial Group. The firm alleged James Wyland failed to comply with the firm’s code of ethics by failing to disclose conflicts of interest and outside business activities.

Outside Business and Selling Away

FINRA Rule 3270 requires brokers to inform their firm of any outside business activities or any investments sold away from the firm. The brokerage firm may prohibit the activity if the firm believes the proposed activity may compromise the broker’s duties. 

FINRA Rule 2010

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Selling away and failing to disclose conflicts of interest also violates this rule. 

Background Information 

James Wyland has passed the following exams: 

  • Series 63 Uniform Securities Agent State Law Examination 
  • SIE – Securities Industry Essentials Examination 
  • Series 1 Registered Representative Examination 

During his 42 years of experience, he has registered with three firms:

  • Wealthstone Equities (CRD #: 17826) 
  • Vestax Securities Corporation (CRD #: 10332) 
  • Penn Mutual Equity Services (CRD #: 4031) 

Kurta Law Can Help 

If you have worked with James Wyland and you have concerns about your investments, do not hesitate to contact us at 877-600-0098 or 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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