Pat Brown Involved in Allegations of Unsuitable Recommendations
Pat Brown (CRD#: 1148258), a broker registered with Merrill Lynch, Pierce, Fenner, & Smith, is facing an investor dispute, according to his BrokerCheck record, accessed on July 19, 2021. Details are provided below.
On June 14, 2021, an investor alleged that Pat Brown recommended unsuitable securities. FINRA rules require investors to only recommend “suitable” securities that fit the investor’s profile. The investor profile includes information about the investor’s financial goals, risk tolerance, and age.
Pat Brown Background Information
Brown has passed the following exams:
- Series 65 Uniform Investment Adviser Law Examination
- Series 63 Uniform Securities Agent State Law Examination
- Securities Industry Essentials Examination
- Series 7 General Securities Representative Examination
He is a registered broker in 21 states and a registered investment adviser in Alabama and Texas.
During his 38 years of experience, Brown has only ever registered with Merrill Lynch, Pierce, Fenner, and Smith (CRD #: 7691)
Kurta Law Can Help
If you worked with Pat Brown and you have concerns about the suitability of your investments, contact Kurta Law today. Call 212-658-1502 or email firstname.lastname@example.org.