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Michael Batmanian Fired from Wells Fargo Clearing Services

Nov 16, 2022 Fired Brokers

Michael Batmanian (CRD #: 6916119), a broker formerly registered with Wells Fargo Clearing Services, was fired from the firm, according to his BrokerCheck record, accessed on November 11, 2022. Keep reading to learn more about Michael Batmanian’s conduct as a broker.

Termination from Wells Fargo Clearing Services

On September 29, 2022, Michael Batmanian was fired from Wells Fargo Clearing Services after allegedly failing to meet the firm’s risk evaluation expectations in relation to the opening of a new bank account and subsequent fraud loss. 

FINRA Rule 2010

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade.

Background Information

Michael Batmanian has passed the following exams:

  • Series 63 – Uniform Securities Agent State Law Examination
  • SIE – Securities Industry Essentials Examination
  • Series 6 – Investment Company Products/Variable Contracts Representative Examination

He previously worked for Wells Fargo Clearing Services (CRD#:19616).

Kurta Law Can Help

If you worked with Michael Batmanian 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.