Kathy Busch is the Subject of an Investor Dispute

Kathy Busch (CRD #: 1251676), a previously registered broker with Independent Financial Group, is facing an investor dispute. This is according to her BrokerCheck record, accessed on March 1, 2024. Keep reading if you have questions regarding her alleged conduct. 

Investor Allegations

On November 20, 2023, an investor alleged that Kathy Busch recommended an unsuitable investment that did not align with the investor’s investment objectives and risk tolerance. The investor is seeking $50,000. 

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 

Kathy Busch 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 
• Series 24 General Securities Representative Examination
• Series 26 Investment Company Products/Variable Contracts Principal Examination 

During her 37 years of experience, Kathy Busch has registered with three firms: 

• Independent Financial Group (CRD #: 7717) 
• LPL Financial (CRD #: 6413) 
• First Investors Corporation (CRD #: 305) 

Kurta Law Can Help 

If you have worked with Kathy Busch and 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.