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Jeremy Reed Allegedly Failed to Follow a Client’s Instructions

Nov 21, 2022 Investor Disputes

Jeremy Reed (CRD #: 5929998), a broker registered with UBS Financial Services, was recently involved in an investor dispute, according to his BrokerCheck record, accessed on November 6, 2022. If you want to know more about his conduct as a broker, read on.

Investor Dispute

On September 9, 2022, an investor filed a dispute alleging that Jeremy Reed failed to follow his instructions to change his strategy to a “more defensive and protective position” between February 4, 2022, and the date of filing. The client sought $85,217.04 in damages but was denied by the firm.

However, investors should be aware that firms can deny disputes without an external review. Investors can still seek out FINRA arbitration and may be able to recover their losses following a denial.

FINRA Rule 2010

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

Background Information

Jeremy Reed has passed the following exams:

  • Series 63 – Uniform Securities Agent State Law Examination
  • Series 65 – Uniform Investment Adviser Law Examination
  • SIE – Securities Industry Essentials Examination
  • Series 7 – General Securities Representative Examination
  • Series 34 – Retail Off-Exchange FOREX Examination
  • Series 3 – National Commodity Futures Examination

Jeremy Reed is a registered broker in 21 states and the District of Columbia. He is also a registered investment adviser in Maryland and Texas.

He has also worked for Morgan Stanley (CRD#:149777) and Alms and Associates (CRD#:120887).

Kurta Law Can Help

If you worked with Jeremy Reed and you have concerns about your investments, please contact us today at 877-600-0098 or 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.