Jin Zhu Resigns from Morgan Stanley Following Alleged Undisclosed OBAs

Jin Zhu (CRD #: 6527492), a broker formerly registered with Morgan Stanely, recently resigned from that firm, according to their BrokerCheck record, accessed on April 12, 2023. Read on if you have questions about their alleged conduct as a broker.

Resignation from Morgan Stanley

On February 21, 2023, Jin Zhu resigned from Morgan Stanley following alleged concerns about their participation in undisclosed outside business activities or investments and their alleged lack of cooperation with FINRA requests for information related to these allegations.

FINRA Rule 3270

FINRA Rule 3270 requires brokers to disclose to their firm any business activities they engage in outside it, including any compensation they expect to receive.

FINRA Rule 8210

FINRA Rule 8210 requires members to supply records, information, and testimony upon request by FINRA.

Other Business Activities

Jin Zhu’s detailed Brokercheck report currently lists one outside business activity: he is the owner of The Walking Amazon, a business that sells products online.

Background Information

Jin Zhu has passed the following exams:

• Series 66 – Uniform Combined State Law Examination
• Series 99TO – Operations Professional Examination
• SIE – Securities Industry Essentials Examination
• Series 7 – General Securities Representative Examination
• Series 9 – General Securities Sales Supervisor – Options Module Examination
• Series 10 – General Securities Sales Supervisor – General Module Examination

They have also worked for the following firms:

• Morgan Stanley (CRD#:149777)
• Key Investment Services (CRD#:136300)
• J.P. Morgan Securities (CRD#:79)

Kurta Law Can Help

If you worked with Jin Zhu 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.