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John Pelletier Investigated by FINRA

Dec 21, 2022 FINRA Investigation

John Pelletier (CRD #: 4205289), a broker registered with LPL Financial, was recently investigated by FINRA, according to his BrokerCheck record, accessed on December 7, 2022. If you have questions about his alleged conduct as a broker, keep reading.

FINRA Investigation

On October 24, 2022, FINRA entered a preliminary determination recommending disciplinary action against John Pelletier.

FINRA alleged that John Pelletier violated FINRA Rule 2010 by executing 19 trades in a client’s account based on instructions from an unauthorized party between May 2017 and June 2018.

FINRA Rule 2010

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

Background Information

John Pelletier has passed the following exams:

  • Series 66 – Uniform Combined State Law Examination
  • SIE – Securities Industry Essentials Examination
  • Series 7 – General Securities Representative Examination
  • Series 24 – General Securities Principal Examination

John Pelletier is a registered broker in 20 states and a registered investment adviser in Texas and Wisconsin.

He has also worked for the following firms:

  • BMO Harris Financial Advisors (CRD#:137115)
  • M&I Financial Advisors (CRD#:16517)
  • M&I Investment Management Corporation (CRD#:109802)
  • Robert W. Baird & Company (CRD#:8158)

Kurta Law Can Help

If you worked with John Pelletier 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.