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Kevin Toohey Consents to Heightened Supervision

Kevin Toohey (CRD #: 6182533), a broker formerly registered with Fidelity Brokerage Services,  has been the subject of a state regulatory action, according to his BrokerCheck record, accessed on November 6, 2024. Keep reading if you have questions about his alleged conduct as a broker.

Massachusetts Regulatory Action

On October 23, 2024, Kevin Toohey consented to conditional registration by the Massachusetts Securities Division and heightened supervision by Arcadia Wealth Management.

Termination from Fidelity Brokerage Services

On February 22, 2023, Kevin Toohey was fired from Fidelity Brokerage Services following an allegation relating to fraud claims he submitted on certain personal debit card charges. The firm also alleged that this was not related to his clients or sales practices.

FINRA Rule 2010

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

Background Information

Kevin Toohey 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

He previously worked for Fidelity Brokerage Services (CRD#:7784).

Kurta Law Can Help

If you worked with Kevin Toohey 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. 

 

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