Marilyn Hoosen is the Subject of a Mutual Fund Dispute

Marilyn Hoosen (CRD #: 4639441), a broker registered with Stifel Independent Advisors, is the subject of an investor dispute. This disclosure appeared on her BrokerCheck record, accessed on December 17, 2025. Keep reading if you have questions regarding her alleged conduct.

Investor Allegations

On July 1, 2025, investors alleged that Marilyn Hoosen engaged in unauthorized trading of mutual funds. The dispute was denied, but investors should know that firms can deny disputes without any external review. Investors can still recover following a denial.

There is another dispute alleging excessive trading from June 23, 2025.

Unauthorized Trading

FINRA Rule 3260 requires brokers to receive written authorization from their clients before engaging in discretionary trading. Discretionary accounts must also be approved by the firm.

Excessive Trading 

FINRA Rule 2111 requires that an investment strategy fit an investor’s financial goals. Brokers with control over a customer’s account must have a reasonable basis to believe that the transactions they recommend are not excessive before executing them. Excessive transactions run the risk of incurring too many fees and negating any returns.

Background Information

Marilyn Hoosen 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

She is a registered broker in 23 states and D.C. She is a registered investment adviser in Texas and Virginia.

Marilyn Hoosen has registered with the following firms:

• Merrill Lynch, Pierce, Fenner & Smith (CRD #: 7691)
• Morgan Stanley (CRD #: 149777)
• BB&T Investment Services (CRD #: 33856)
• TD Waterhouse Investment Services (CRD #: 7870)
• Edward Jones (CRD #: 250)

Kurta Law Can Help

If you worked with Marilyn Hoosen 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.