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Mark Stivers Allegedly Failed to Inform Client About Liquidity

Mark Stivers (CRD #: 1713130), a broker registered with Money Concepts Capital Corporation, allegedly failed to fully inform a client, according to his BrokerCheck record, accessed on April 25, 2023. Investors may have also worked with him through Money Concepts Advisory Service. Read on to learn more about his alleged conduct as a broker.

Investor Dispute

On March 3, 2023, an investor alleged that Mark Stivers failed to inform him of the illiquidity of investments made in 2014. The client sought $66,000 in damages but the dispute was denied by the firm.

However, investors should know that firms can deny disputes without an external review. Investors can still pursue FINRA arbitration after a denial and may be able to recover their funds.

FINRA Rule 2020

FINRA Rule 2020 forbids the use of deceptive, manipulative, and otherwise fraudulent means of influencing investors’ decisions. Omitting information about an investment’s features, requirements, or other relevant information violates this rule.

Background Information

Mark Stivers 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 6 – Investment Company Products/Variable Contracts Representative Examination

Mark Stivers is a registered broker in 12 states and a registered investment adviser in Kentucky.

He has also worked for Resource Horizons Investment Advisory (CRD#:143384) and Resource Horizons Group (CRD#:104368).

Kurta Law Can Help

If you worked with Mark Stivers and you have concerns about your investments, please contact us today at 877-600-0098 or 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.