Investor Seeks $100 Million in Dispute with Jonathan Galan 

Jonathan Galan (CRD #: 4409873), a broker registered with State Street Global Markets, is involved in a pending dispute, according to his BrokerCheck record, accessed on June 28, 2025. Read on if you want to know more about his alleged conduct as a broker.

Investor Disputes

On May 1, 2025, an investor named Jonathan Galan in a pending dispute. They seek $100 million in damages.

In a dispute filed on May 19, 2021, an investor named Jonathan Galan in allegations that she was not informed of unsuitable and unauthorized trading as well as other misconduct in her account between 2018 and 2021. The client further alleged that the appropriate action was not taken to meet her investment objectives.

This dispute was settled for $250,000 following an arbitration which also concerned allegations involving other brokers. You can read the arbitration award here.

FINRA Rule 2111

FINRA Rule 2111 requires brokers to recommend securities that adequately fit an investor’s financial goals. Brokers must consider the information in the investor’s profile, such as their risk tolerance, age, tax status, and investing experience when recommending investments.

Investors who rely on brokers for recommendations may be able to recover their losses through FINRA arbitration.

FINRA Rule 3260

FINRA Rule 3260 limits brokers trading discretion to pre-approved discretionary accounts. These accounts must be approved for discretionary trading by both the client and the firm.

Background Information

Jonathan Galan has passed the following exams:

• General Securities Representative Examination – Series 7TO
• Securities Industry Essentials Examination – SIE
• General Securities Representative Examination – Series 7
• Investment Company Products/Variable Contracts Representative Examination – Series 6
• Uniform Securities Agent State Law Examination – Series 63
• Uniform Investment Adviser Law Examination – Series 65

Jonathan Galan is a registered broker in 49 states as well as the District of Columbia, Puerto Rico, and the Virgin Islands.

He has also worked for the following firms:

• J.P. Morgan Securities (CRD#:79)
• Morgan Stanley (CRD#:149777)
• J.P. Morgan Clearing Corporation (CRD#:28432)
• Credit Suisse Securities (USA) (CRD#:816)
• Charles Schwab & Company (CRD#:5393)
• Wachovia Securities (CRD#:19616) 

Kurta Law Can Help

If you worked with Jonathan Galan 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 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.