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Investor Seeks Six Figures in Dispute with Mark Reynolds

Mark Reynolds (CRD #: 1639111), a broker registered with Oppenheimer & Company, allegedly gave unsuitable investment recommendations, according to his BrokerCheck record, accessed on May 2, 2025. If you have questions about his alleged conduct as a broker, read on.

Investor Dispute

On March 11, 2025, an investor alleged that Mark Reynolds recommended unsuitable investments and made misrepresentations between 2022 and 2024. The client seeks $865,072 in damages in this pending dispute.

FINRA Rule 2111

FINRA Rule 2111 requires brokers to recommend securities that adequately fit an investor’s financial goals. Brokers must examine the information contained in an investor’s profile, such as their age, tax status, risk tolerance, and investing experience.

Investors who feel their losses were caused by unsuitable investment recommendations may be able to recover their funds through FINRA arbitration.

FINRA Rule 2020

FINRA Rule 2020 prohibits the misrepresentation of investments and omission of material facts. This can include information about an investment’s fees, expenses, risks, or potential returns.

Background Information

Mark Reynolds has passed the following exams:

  • Securities Industry Essentials Examination – SIE
  • Futures Managed Funds Examination – Series 31
  • General Securities Representative Examination – Series 7
  • Investment Company Products/Variable Contracts Representative Examination – Series 6
  • Uniform Investment Adviser Law Examination – Series 65
  • Uniform Securities Agent State Law Examination – Series 63

Mark Reynolds is a registered broker in 16 states and a registered investment adviser in Illinois.

He has also worked for Morgan Stanley (CRD#:7556) and Banc One Securities Corporation (CRD#:16999).

Kurta Law Can Help

If you worked with Mark Reynolds 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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