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Kerry Broderick Barred by FINRA

Kerry Broderick (CRD #: 7344563) has been barred by FINRA. This disclosure appears on her BrokerCheck record, accessed on February 13, 2024. Keep reading if you have questions concerning her conduct. 

FINRA Bar

Kerry Broderick was barred by FINRA on November 14, 2023. She allegedly violated FINRA Rule 8210 by not appearing for on-the-record testimony as requested. FINRA requested her testimony as part of the regulator’s investigation into whether she had circumvented firm procedures by helping another LPL representative place short-term, speculative trades in his personal account. 

According to the bar, Kerry Broderick submitted her voluntary resignation from LPL Financial on January 11, 2023.

You can read a copy of the bar here. 

High Standards of Commercial Honor 

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Helping someone place risky trades may violate this rule. 

FINRA Rule 8210

FINRA Rule 8210 requires members to submit their books and records for inspection and to appear for testimony in connection with FINRA investigations.

Background Information 

Kerry Broderick has passed the following exams:

  • Series 65 Uniform Investment Adviser Law Examination 
  • Series 63 Uniform Securities Agent State Law Examination 
  • Series 7TO General Securities Representative Examination 
  • SIE – Securities Industry Essentials Examination 

During her 1 year of experience, Kerry Broderick registered with two firms: LPL Financial (CRD #: 7344563) and Royal Alliance Associates (CRD #: 23131). 

Kurta Law Can Help 

If you have worked with Kerry Broderick 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.

 

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