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Nick Williams is Facing a FINRA Suspension

Nick Williams (CRD #: 5836696) has been suspended by FINRA. He is currently registered with Advisors Asset Management. This disclosure appears on his BrokerCheck record, accessed on December 11, 2023. Keep reading if you have questions about his alleged conduct as a broker.

On October 17, 2023, Nick Williams consented to the entry of findings that he recorded inaccurate information on at least 30 order memoranda. The findings stated that he inaccurately recorded orders were received by a registered representative who had not actually received the orders. The AWC alleges that Nick Williams was aware that each order was received by a different registered representative who was not authorized to receive them due to a conflict of interest. 

As part of the terms of the AWC, Nick Williams consented to a suspension of one month and a fine of $5,000. 

You can read a copy of the AWC here. 

Books and Records 

FINRA Rule 4511 requires firms to keep accurate and up-to-date books and records. Recording inaccurate information about orders violates this rule. 

Background Information 

Nick Williams has passed the following exams:

  • Series 66 Uniform Combined State Law Examination 
  • SIE – Securities Industry Essentials Examination 
  • Series 7 General Securities Representative Examination
  • Series 24 General Securities Principal Examination 

He is a registered broker and investment adviser in Texas. 

Kurta Law Can Help 

If you have worked with Nick Williams 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.

 

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