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Kolby Moore Allegedly Failed to Follow Regulation Best Interest

Kolby Moore (CRD #: 6834896), a broker registered with Edward Jones, is the subject of a pending investor dispute, according to his BrokerCheck record, accessed on August 19, 2022. If you want to learn more about his conduct as a broker, read on.

Investor Dispute

On May 11, 2022, an investor alleged that Kolby Moore purchased a mutual fund that was not in her best interest. This dispute is currently pending.

Regulation Best Interest

Regulation Best Interest (Reg-BI) is a regulation adopted by the Securities and Exchange Commission which requires brokerage firms to put investors’ best interests first when it comes to recommending investments. Brokers must conduct due diligence when researching investments to ensure their suitability for the client and disclose to clients any conflicts of interest they may have in the transaction.

FINRA Rule 2010

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

Background Information

Kolby Moore has passed the following exams:

  • Series 66 – Uniform Combined State Law Examination
  • SIE – Securities Industry Essentials Examination
  • Series 7 – General Securities Representative Examination

Kolby Moore is a registered broker in 17 states and a registered investment adviser in Iowa and Texas.

Kurta Law Can Help

If you worked with Kolby Moore 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 and exclusively represents investors against brokers and brokerage firms on a contingency basis. This means the firm only earns a fee if our securities attorneys recover money on your behalf. 

 

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