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Mark Connolly Allegedly Executed Unauthorized Trades

Mark Connolly (CRD #: 4443644), a broker registered with Wells Fargo Clearing Services, is involved in an investor dispute, according to his BrokerCheck record, accessed on May 14, 2025. Investors may have also engaged his services through Wells Fargo Advisors. If you have questions about his alleged conduct as a broker, keep reading.

Investor Dispute

On February 26, 2025, an investor filed a dispute alleging that Mark Connolly executed unauthorized trades and made unsuitable investments from 2021-2022, resulting in losses. This dispute is currently pending.

FINRA Rule 3260

FINRA Rule 3260 limits brokers trading discretion to pre-approved discretionary accounts. These accounts must be approved for discretionary trading by both the client and the firm.

FINRA Rule 2111

FINRA Rule 2111 requires brokers to take into account investors’ financial goals when recommending investments. Brokers must consult the investor’s profile, which describes their tax status, age, risk tolerance, and other information.

Investors who rely on their broker for recommendations may be able to recoup their losses through FINRA arbitration.

Background Information

Mark Connolly has passed the following exams:

  • Securities Industry Essentials Examination – SIE
  • General Securities Representative Examination – Series 7
  • Uniform Combined State Law Examination – Series 66
  • Uniform Securities Agent State Law Examination – Series 63

Mark Connolly is a registered broker in 23 states and a registered investment adviser in Texas.

He has also worked for A. G. Edwards & Sons (CRD#:4).

Kurta Law Can Help

If you worked with Mark Connolly 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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