John Lynde is the Subject of a Suitability Dispute

John Lynde (CRD #: 2690320), a broker registered with Cetera Advisors, is the subject of an investor dispute. This disclosure appears on his BrokerCheck record, accessed on March 15, 2024. Keep reading if you have questions regarding his alleged conduct. 

Investor Dispute

On January 2, 2024, an investor alleged that John Lyne recommended an unsuitable investment in light of their investment objectives and risk tolerance. 

What is an Unsuitable Investment?

FINRA Rule 2111 requires brokers to evaluate whether an investment strategy fits their investor’s financial goals. Brokers must examine the investor’s profile, which contains the following investor characteristics:

• Age
• Risk tolerance
• Time horizon (i.e., how long the investor plans to hold the investment)
• Investing experience
• Tax status
• Financial goals

Investors who rely on brokers for recommendations may be able to recover losses from unsuitable investment recommendations by pursuing FINRA arbitration.

Background Information 

John Lynde has passed the following exams: 

• Series 63 Uniform Securities Agent State Law Examination 
• SIE – Securities Industry Essentials Examination 
• Series 7 General Securities Representative Examination 
• Series 6 Investment Company Products / Variable Contracts Representative Examination 

He is a registered broker in 15 states and is a registered investment adviser in New Jersey and Texas. 

During his 27 years of experience, John Lynde has registered with six firms: 

• Cetera Advisors (CRD #: 10299) 
• LPL Financial (CRD #: 6413) 
• Ameriprise Financial Services (CRD #: 6363) 
• IDS Life Insurance Company (CRD #: 6321) 
• MetLife Securities (CRD #: 14251) 
• Metropolitan Life Insurance Company (CRD #: 4095) 

Kurta Law Can Help 

If you have worked with John Lynde and you have concerns about your investments, do not hesitate to contact us at 877-600-0098 or 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.