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John Nolt Subject of an Investor Dispute

John Nolt (CRD #: 5038487), a broker registered with LPL Financial, is the subject of investor allegations. This is according to his BrokerCheck record, accessed on October 23, 2023. Keep reading if you have questions about his alleged conduct. 

On August 29, 2023, an investor alleged that John Nold did not purchase certificates of deposit and that money had gone missing. The alleged conduct took place from May 2, 2023, through June 30, 2023. 

The dispute was denied by the firm, but investors should know that firms can deny disputes without any external review. Following a denial, investors may still be able to recover their funds via FINRA arbitration.

FINRA Rule 2010

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Failure to follow instructions and misappropriation of funds both violate this rule. 

Background Information 

John Nolt has passed the following exams:

  • Series 66 Uniform Combined State Law Examination 
  • 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 
  • Series 24 General Securities Principal Examination 

He is a registered broker in 16 states and D.C. He is a registered investment adviser in Maryland, New York, North Carolina, and Pennsylvania. 

John Nolt has registered with the following firms: 

  • LPL Financial (CRD #: 6413) 
  • M&T Securities (CRD #: 17358) 

Kurta Law Can Help

If you worked with John Nolt and 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 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.

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