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Mary Swanson Subject of Negligence Allegations

Mary Swanson (CRD #: 1424448), a broker registered with Stifel, Nicolaus & Company, Incorporated, is the subject of an investor dispute. This is according to her BrokerCheck record, accessed on November 10, 2023. Keep reading if you have questions about her alleged conduct. 

On August 15, 2023, investors alleged Mary Swanson breached her contract. They further alleged negligence and a breach of fiduciary duty. The investor is seeking $76,000. 

Negligence

Many types of broker misconduct may qualify as negligence. Typical examples include unsuitable investment recommendations, misrepresentations or omissions of material fact, and failure to follow instructions.

Investors who believe their losses are the result of broker negligence may be able to recover their funds through FINRA arbitration.

FINRA Rule 2010

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Negligence may violate this rule. 

Background Information 

Mary Swanson 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 31 states and is a registered investment advisor in Kansas, Missouri, and Texas. 

During her 36 years of experience, she has registered with five firms: 

  • Stifel, Nicolaus & Company (CRD #: 793) 
  • Wells Fargo Advisors (CRD #: 19616) 
  • George K. Baum & Company (CRD #: 36354)
  • Fahnestock & Co. (CRD #: 249) 
  • B.C. Christopher Securities (CRD #: 60) 

Kurta Law Can Help

If you worked with Mary Swanson and 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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