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Michael Huberty Terminated by Charles Schwab 

Aug 7, 2023 Fired Brokers

Michael Huberty (CRD #: 7448925) has been terminated by Charles Schwab, according to his BrokerCheck record, accessed on August 4, 2023. Details regarding his termination are provided below. 

On June 21, 2023, Charles Schwab & Co. fired Michael Huberty following allegations regarding his use of a personal cell phone for business communications. 

FINRA Rule 3110

FINRA Rule 3110 requires that firms establish supervisory systems to ensure their compliance with securities regulations. As part of their supervisory efforts, firms require registered representatives to only communicate with customers using firm-approved channels. 

FINRA Rule 2010

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Use of a personal cell phone for business communications may violate this rule. 

Background Information 

Michael Huberty has passed the following exams: 

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

He has only ever registered with Charles Schwab (CRD #: 5393). 

Kurta Law Can Help

If you worked with Michael Huberty and you have concerns about your investments, please contact us today at 877-600-0098 or info@kurtalawfirm.com for a free consultation.

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