Pamela McWhorter Terminated by Edward Jones
Pamela McWhorter (CRD#: 1137851), a broker registered with Newbridge Securities Corporation, was fired by Edward Jones. This is according to her BrokerCheck record, accessed on May 31, 2024. Details concerning her termination are provided below.
Employment Separation After Allegations
On March 6, 2024, Edward Jones fired Pamela McWhorter following allegations that she did not adhere to firm policies relating to margin accounts.
What is Margin Investing?
Investing on margin is when an investor opens a margin account and borrows money from a brokerage firm in order to purchase more securities. Using borrowed money is called “leverage” and it increases the risk that the investor will lose money. Margin accounts may come with interest charges, significant broker fees, and the risk of a margin call.
Background Information
Pamela McWhorter 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
She is a registered broker and investment adviser in Virginia.
During his 40 years of experience, Pamela McWhorter has registered with nine firms. These are the four most recent:
- Newbridge Securities Corporation (CRD #: 104065)
- Edward Jones (CRD #: 250)
- Wells Fargo Clearing Services (CRD #: 19616)
- Prudential Securities Incorporated (CRD #: 7471)
Kurta Law Can Help
If you have worked with Pamela McWhorter and have concerns about your investments, do not hesitate to contact us at 877-600-0098 or email 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.