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Megan Alpert Allegedly Failed to Follow Instructions

Apr 22, 2022 Investor Disputes

Megan Alpert (CRD #: 5140964), a broker registered with Merrill Lynch, Pierce, Fenner & Smith, allegedly failed to follow an investor’s instructions, according to her BrokerCheck record, accessed on April 16, 2022. If you want to know more about Megan Alpert’s conduct as a broker, read on.

Investor Dispute

On January 25, 2022, a trustee of an investor alleged Megan Alpert failed to follow instructions on June 9, 2021. This dispute was denied by the firm.

That being said, firms can deny disputes without allowing an external review. Investors can still pursue FINRA arbitration after a denial.

What is Failure to Follow Instructions?

Failure to execute, or failure to follow instructions, may violate FINRA Rules 5310. It also violated FINRA Rule 2010. Rule 5310 requires brokers to do their due diligence when researching a security’s best price on the market, as well as executing trades according to investors’ instructions.

FINRA Rule 2010 requires brokers to maintain high standards of professional honor. Violations of other rules are often automatic violations of Rule 2010.

Background Information

Megan Alpert has passed the following exams:

  • Series 66 - Uniform Combined State Law Examination
  • SIE - Securities Industry Essentials Examination
  • Series 7 - General Securities Representative Examination

Megan Alpert is a registered broker in 33 states and a registered investment adviser in Texas and Pennsylvania.

Kurta Law Can Help

If you worked with Megan Alpert 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 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.