Kyle Brooks Fired from Edward Jones Following Alleged Misappropriation

Kyle Brooks (CRD #: 4640829), a broker formerly registered with Edward Jones, was fired from that firm following a customer complaint, according to his BrokerCheck record, accessed on January 17, 2023. Read on if you have questions about his alleged conduct as a broker.

Termination from Edward Jones

On December 1, 2022, Kyle Brooks was fired from Edward Jones after a client alleged that engaged in misappropriation with regard to funds belonging to a youth sports association.

The firm allegedly also had concerns regarding his potential violation of firm policies involving outside business activities and “prohibited practices.”

FINRA Rule 2150

FINRA Rule 2150 prohibits brokers from misusing investors’ funds.

FINRA Rule 2010

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

FINRA Rule 3270

FINRA Rule 3270 requires brokers to seek and receive approval from their firm for any outside business activities they engage in.

Other business activities

Kyle Brooks’ detailed BrokerCheck report does not currently list any outside business activities.

Background Information

Kyle Brooks 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 previously worked for Edward Jones (CRD#:250) and State Farm VP Management Corporation (CRD#:43036).

Kurta Law Can Help

If you worked with Kyle Brooks 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 that the firm only earns a fee if our securities attorneys recover money on your behalf.