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Kevin Bailey Allegedly Provided Poor Investment Advice

Kevin Bailey (CRD #: 1490570), a broker registered with Charles Schwab, is the subject of an investor dispute. This dispute appears on his BrokerCheck record, accessed on April 24, 2024. Keep reading if you have questions regarding his alleged conduct. 

Investor Allegations 

On February 29, 2024, an investor alleged that Kevin Bailey provided poor advice by implementing a strategy that was inconsistent with how the funds were supposed to be used. The investor is seeking $500,000. 

High Standards of Commercial Honor 

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Implementing an inconsistent strategy may violate this rule. 

Background Information 

Kevin Bailey 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 

He is a registered broker and investment adviser in Arizona and California. He is also a registered investment adviser in Texas. 

During his 20 years of experience, Kevin Bailey has registered with five firms: 

  • Charles Schwab & Co. (CRD #: 5393) 
  • Schwab Wealth Advisory (CRD #: 159035) 
  • Cuso Financial Services (CRD #: 42132) 
  • Edward Jones (CRD #: 250) 
  • First American National Securities (CRD #: 10111)

Kurta Law Can Help 

If you have worked with Kevin Bailey and have concerns about your investments, do not hesitate to contact us at 877-600-0098 or email 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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