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Jeffrey McKee Allegedly Failed to Follow Client’s Instruction

Dec 9, 2022 Investor Disputes

Jeffrey McKee (CRD #: 5721657), a broker registered with Wells Fargo Clearing Services, was the subject of a recent investor dispute, according to his BrokerCheck record, accessed on December 5, 2022. Read on to learn more about his alleged conduct as a broker.

Investor Dispute

On September 26, 2022, an investor alleged Jeffrey McKee failed to follow an instruction to move the client’s account to cash as a response to declining market conditions, resulting in losses. The client alleged this failure occurred between April 20, 2022, and the date of filing. This dispute was denied by the firm.

However, investors should know that firms can deny disputes without an outside review. Investors can still pursue FINRA arbitration following a denial and may be able to recoup their losses. 

FINRA Rule 2010

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. 

Background Information

Jeffrey McKee has passed the following exams:

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

Jeffrey McKee is a registered broker in 17 states and a registered investment adviser in Arizona and Texas.

He previously worked for Edward Jones (CRD#:250). 

Kurta Law Can Help

If you worked with Jeffrey McKee 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.