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Settlement of $2.76 Million Follows Marc Tucker’s Alleged Failure to Supervise

Jun 7, 2022 Failure to Supervise

Marc Tucker (CRD #: 1907281), a broker registered with Western International Securities, allegedly failed to supervise, according to his BrokerCheck record, accessed on May 29, 2022. Read on if you have questions about Marc Tucker’s conduct as a broker.

Alleged Failure to Supervise

A dispute was filed on February 16, 2022, naming Marc Tucker in relation to allegations of failure to supervise. The client sought $16,440,221 and received $2,760,000.

FINRA Rule 3110

Failure to supervise violates FINRA Rule 3110, which requires firms to establish supervisory systems. Firms must create written supervisory procedures and ensure that supervisory personnel are qualified for their roles.

Background Information

Marc Tucker has passed the following exams:

  • Series 65 - Uniform Investment Adviser Law Examination
  • Series 63 - Uniform Securities Agent State Law Examination
  • SIE - Securities Industry Essentials Examination
  • Series 7 - General Securities Representative Examination
  • Series 53 - Municipal Securities Principal Examination
  • Series 51 - Municipal Fund Securities Principal Examination
  • Series 4 - Registered Options Principal Examination
  • Series 24 - General Securities Principal Examination

Marc Tucker is a registered broker in 29 states and a registered investment adviser in six states.

In the past, he worked for Financial West Group (CRD#:16668) and Baraban Securities (CRD#:7659).

Kurta Law Can Help

If you worked with Marc Tucker 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.