Mark Kuttler Allegedly Recommended Unsuitably Illiquid Investments

Mark Kuttler (CRD #: 1425746), a broker registered with RNR Securities, is the subject of an investor dispute. This is according to his BrokerCheck record, accessed on July 19, 2024. Keep reading if you have questions regarding his alleged conduct. 

Investor Allegations 

On May 29, 2024, investors alleged that Mark Kuttler recommended unsuitable and illiquid investment strategies. This alleged conduct took place between 2007 and 2022. 

FINRA Rule 2111 – Unsuitable, Illiquid Investments

FINRA Rule 2111 defines suitable investments as securities that fit an investor’s profile. Investor profiles have information on the investor’s age, risk tolerance, tax status, investing experience, and financial goals. Brokers must also consider the investment time horizon and the investor’s liquidity needs – illiquid, long-term investments often do not suit a client’s best interests. 

Investors who rely on brokers for recommendations may be able to recover losses from unsuitable investment recommendations by pursuing FINRA arbitration.

Background Information 

Mark Kuttler has passed the following exams: 

• Series 63 Uniform Securities Agent State Law Examination 
• SIE – Securities Industry Essentials Examination 
• Series 7 General Securities Representative Examination 
• Series 3 National Commodity Futures Examination 

He is a registered broker in Florida, Louisiana, New Jersey, and New York. 

During his 26 years of experience, Mark Kuttler has registered with seven firms: 

• RNR Securities (CRD #: 43689) 
• Basic Investors (CRD #: 1187) 
• JP Turner & Company (CRD #: 43177) 
• Hartford Equity Sales Company (CRD #: 6604) 
• Equico Securities (CRD #: 6627) 
• The Equitable Life Assurance Society of the United States (CRD #: 4039) 
• Shearson Lehman Brothers (CRD #: 7506) 

Kurta Law Can Help 

If you have worked with Mark Kuttler and have concerns about your investments, do not hesitate to contact us at 877-600-0098 or email info@kurtalawfirm.com for a free consultation. 

For nearly 20 years, Kurta Law has advocated for investors 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. Do not let securities fraud go unchecked. Start your recovery process today.