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Olga Blanchette Allegedly Failed to Properly Inform Client of Risk

Apr 28, 2023 Misrepresentation

Olga Blanchette (CRD #: 4789469), a broker registered with Morgan Stanley, is involved in a pending investor dispute, according to her BrokerCheck record, accessed on April 20, 2023. If you want to know more about her alleged conduct as a broker, keep reading.

Investor Dispute

On March 15, 2023, an investor alleged that, among other things, Olga Blanchette failed to accurately advise her of the risk associated with investments purchased from 2020-2023. This dispute is currently pending.

FINRA Rule 2020

FINRA Rule 2020 prohibits the use of manipulative, deceptive, or otherwise fraudulent tactics to influence the purchase and sale of securities. Misrepresenting or omitting information about an investment’s potential returns, risks, or fees violates this rule.

FINRA Rule 2010

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Violations of many other rules may also qualify as violations of FINRA Rule 2010.

Background Information

Olga Blanchette has passed the following exams:

  • Series 65 – Uniform Investment Adviser Law Examination
  • Series 63 – Uniform Securities Agent State Law Examination
  • SIE – Securities Industry Essentials Examination
  • Series 7 – General Securities Representative Examination
  • Series 6 – Investment Company Products/Variable Contracts Representative Examination

Olga Blanchette is a registered broker in nine states and a registered investment adviser in Texas.

She has also worked for the following firms:

  • J.P. Morgan Securities (CRD#:79)
  • Chase Investment Services (CRD#:25574)
  • Banc One Securities Corporation (CRD#:16999)

Kurta Law Can Help

If you worked with Olga Blanchette 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.