Patricia Holder is the Subject of a Suitability Dispute

Patricia Holder (CRD #: 2894768), a broker registered with Insigneo Securities, is the subject of an investor dispute. This is according to her BrokerCheck record, accessed on September 5, 2025. Keep reading if you have questions regarding her alleged conduct. 

Investor Allegations 

On June 27, 2025, an investor alleged that Patricia Holder recommended an unsuitable securities-backed line of credit strategy in violation of Regulation Best Interest. 

Regulation Best Interest

Regulation Best Interest (Reg-BI) is an SEC regulation that requires brokerage firms to put their clients’ best interests first. For example, firms must conduct reasonable due diligence when researching investments to ensure their recommendations are suitable for the investor.

What is an Unsuitable Investment? 

FINRA Rule 2111, a.k.a. The Suitability Rule, requires brokers to tailor their investment recommendations to suit investors’ needs. 

Rule 2111 also requires brokers to consider the following investor characteristics: 

• Age
• Risk tolerance
• Time horizon (i.e., how long the investor plans to hold the investment)
• Investing experience
• Tax status
• Financial goals

Investments that do not fit the criteria established by the investor profile may be unsuitable. Investors who rely on brokers for recommendations may recover their losses by pursuing FINRA arbitration.

Background Information 

Patricia Holder has passed the following exams: 

• Series 66 Uniform Combined State Law Examination
• Series 63 Uniform Securities Agent State Law Examination 
• SIE – Securities Industry Essentials Examination 
• Series 7 General Securities Representative Examination

She is a registered broker in nine states and D.C. She is a registered investment adviser in Florida and Texas. 

Patricia Holder has registered with the following firms: 

• Insigneo Securities (CRD #: 29249) 
• Morgan Stanley (CRD #: 149777) 
• CitiGroup Global Markets (CRD #: 7059) 
• Merrill Lynch, Pierce, Fenner & Smith (CRD #: 7691) 
• CitiCorp Investment Services (CRD #: 23988) 

Kurta Law Can Help

If you worked with Patricia Holder and you have concerns about your investments, please contact us today at 877-600-0098 or info@kurtalawfirm.com 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 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.