John Chiappetta is the Subject of an Investor Dispute

John Chiappetta (CRD #: 4684789), a broker registered with Cetera Advisor Networks, is the subject of an investor dispute. This is according to his BrokerCheck record, accessed on June 24, 2024. Keep reading for more information. 

Investor Allegations 

On April 8, 2024, an investor alleged that John Chiappetta sold a stock position without her knowledge or approval. The dispute has been denied by the firm. Investors should know, however, that firms can deny disputes without any external review. 

Unauthorized Trading

FINRA Rule 3260 limits discretionary trading by brokers to pre-approved discretionary accounts. These accounts must be approved for discretionary trading by both the client and the firm. Discretionary trading that takes place in an account that has not been approved is unauthorized.

High Standards of Commercial Honor 

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Unauthorized transactions violate this rule. 

Background Information 

John Chiappetta has passed the following exams: 

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

He is a registered broker in 19 states and is a registered investment adviser in Illinois, Texas, and Wisconsin. 

During his 20 years of experience, John Chiappetta has registered with 10 firms. These are the five most recent: 

• Cetera Advisor Networks (CRD #: 13572) 
• Cetera Investment Advisers (CRD #: 105644) 
• Cambridge Investment Research Advisors (CRD #: 134139) 
• Cambridge Investment Research (CRD #: 36543) 
• Ausdal Financial Partners (CRD #: 7995) 

Kurta Law Can Help 

If you have worked with John Chiappetta and have concerns about your investments, do not hesitate to contact us at 877-600-0098 or email info@kurtalawfirm.com for a free consultation. 

For nearly 20 years, Kurta Law has advocated for investors 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. Do not let securities fraud go unchecked. Start your recovery process today.