Jarod Haglin Allegedly Failed to Disclose Investment Fees and Expenses
Jarod Haglin (CRD #: 5431136), a broker registered with Pruco Securities, was involved in a recent investor dispute, according to his BrokerCheck record, accessed on June 13, 2022. Read on if you have questions about Jarod Haglin’s conduct as a broker.
On April 22, 2022, an investor alleged that Jarod Haglin failed to disclose charges, expenses, and fees associated with investments, as well as an unspecified allegation related to suitability. This dispute was denied by the firm.
However, investors should know that firms can deny disputes without any outside review. Investors may still be able to recoup their losses by pursuing FINRA arbitration following a denial.
FINRA Rule 2020
The omission of information related to investments violates FINRA Rule 2020, which prohibits the use of manipulation, deception, and other unethical tactics to influence investors’ decisions.
FINRA Rule 2111
FINRA Rule 2111 requires brokers to ensure their investment recommendations adequately fit their investors’ financial goals. Brokers must consider the following investor information contained in their client’s profile:
- Financial goals
- Risk tolerance
- Time horizon (i.e., how long the investor plans to hold the investment)
- Investing experience
- Tax status
Investors who rely on their brokers for recommendations may be able to recoup their losses through FINRA arbitration.
Jarod Haglin has passed the following exams:
- Series 66 – Uniform Combined State Law Examination
- SIE – Securities Industry Essentials Examination
- Series 7 – General Securities Representative Examination
- Series 26 – Investment Company Products/Variable Contracts Principal Examination
Jarod Haglin is a registered broker in five states and a registered investment adviser in Minnesota.
He has also worked for AXA Advisors (CRD#:6627) and Ameriprise Financial Services (CRD#:6363).
Kurta Law Can Help
If you worked with Jarod Haglin and you have concerns about your investments, please contact us today at 877-600-0098 or email@example.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.