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Jean-Pierre Gobic Allegedly Violated Reg-BI

Jean-Pierre Gobic (CRD #: 4380699), a broker registered with Morgan Stanley, allegedly misrepresented an investment strategy, according to his BrokerCheck record, accessed on December 13, 2024. Read on if you have questions about his alleged conduct as a broker.

Investor Dispute

On November 1, 2024, multiple investors filed a dispute alleging that Jean-Pierre Gobic made misrepresentations and violated Regulation Best Interest in relation to an alternative investment strategy from 2021-2023. This dispute is currently pending.

FINRA Rule 2020

FINRA Rule 2020 prohibits the misrepresentation of investments and omission of material facts. This includes information about an investment’s potential returns, as well as charges, expenses, and fees.

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

Jean-Pierre Gobic has passed the following exams:

  • Securities Industry Essentials Examination – SIE
  • Futures Managed Funds Examination – Series 31
  • General Securities Representative Examination – Series 7
  • Uniform Combined State Law Examination – Series 66

Jean-Pierre Gobic is a registered broker in 37 states and the District of Columbia. He is also a registered investment adviser in Florida and Texas.

He has also worked for UBS Financial Services (CRD#:8174)

Kurta Law Can Help

If you worked with Jean-Pierre Gobic 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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