Allstate Financial Services Fires Jeremy Burk
Jeremy Burk (CRD #:5586674), a former registered broker, has been fired from his position at Allstate Financial Services, according to his BrokerCheck record, accessed on November 17, 2021. Details surrounding his termination have been provided below.
Jeremy Burk’s Employment Termination Details
On September 24, 2021, Allstate Financial Services fired Jeremy Burk following allegations that he failed to disclose an outside business activity.
According to Allstate Financial Services, Jeremy Burk allegedly had an undisclosed interest in an unaffiliated insurance agency and failed to report the same as an outside business activity.
More Outside Business Activities
According to his detailed BrokerCheck report Jeremy Burk is involved in one outside business activity:
- President of Burk Group Investments
Failing to Disclose Outside Business Activities is a Violation of FINRA Rules 3270 and 2010
FINRA Rule 3270 aims to protect investors from unsupervised business activities. The rule states no registered person may be an employee, independent contractor, or sole proprietor of another person or company in any capacity outside his/her relationship with the member firm unless the broker provides prior written notice.
A violation of FINRA Rule 3270 is also a violation of FINRA Rule 2010, which requires registered representatives to observe high standards of commercial honor and just and equitable principles of trade.
Jeremy Burk has passed the following exams:
- Series 63 – Uniform Securities Agent State Law Examination
- SIE – Securities Industry Essentials Examination
- Series 6 – Investment Company Products/Variable Contracts Representative Examination
Jeremy Burk has worked with the following firm:
- Allstate Financial Services (CRD#: 18272)
Kurta Law Can Help
If you have suffered losses after working with Jeremy Burk, don’t hesitate to contact us today at 877-600-0098 or email@example.com for a free consultation.
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