M.J. Petretto is Facing Allegations that She Engaged in Misrepresentation

M.J. Petretto (CRD #: 3210670), a broker registered with Innovation Partners, is the subject of a new investor dispute. This disclosure appears on her BrokerCheck record, accessed on March 19, 2024. Keep reading if you have questions concerning her alleged conduct. 

Investor Dispute

On December 26, 2023, an investor alleged that M.J. Petretto was misleading, unethical, and unlawful. 

Previous Disputes and Regulatory Actions 

Investors should note that M.J. Petretto has a total of three regulatory actions and four previous investor disputes on her record. 

FINRA Rule 2020 – Misrepresentation

FINRA Rule 2020 prohibits the misrepresentation of investments and omission of material facts. Material facts include information about an investment’s potential returns, as well as charges, expenses, and fees. Brokers must always disclose the risks associated with illiquid investments, such as early withdrawal fees. 

High Standards of Commercial Honor 

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

Background Information 

M.J. Petretto 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 

She has registered as a broker in Connecticut and Michigan. 

During his 24 years of experience, he has registered with three firms: 

• Innovation Partners (CRD #: 146344) 
• National Planning Corporation (CRD #: 29604) 
• NYLife Securities (CRD #: 5167) 

Kurta Law Can Help 

If you have worked with M.J. Petretto and have concerns about your investments, do not hesitate to contact us at 877-600-0098 or info@kurtalawfirm.com for a free consultation. 

For nearly 20 years, Kurta Law has advocated for investors 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. Do not let securities fraud go unchecked. Start your recovery process today.