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Paul Furlong Allegedly Executed Unauthorized Trades

Paul Furlong (CRD #: 2177795), a broker registered with Janney Montgomery Scott, is the subject of an investor dispute. This disclosure appears on his BrokerCheck record, accessed on August 9, 2024. Keep reading if you have questions concerning his alleged conduct. 

Investor Allegations

On July 18, 2024, an investor alleged Paul Furlong purchased and sold securities in his account without authorization resulting in losses in the account. The dispute was denied, but investors should know that firms can deny disputes without any external review. Investors can still recover funds following a firm denial. 

Unauthorized Trading 

Unauthorized trading violates FINRA Rule 3260, which limits brokers to exercising their trading discretion in pre-approved discretionary accounts.

Background Information 

Paul Furlong 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

He is a registered broker in 25 states, D.C., and the Virgin Islands. He is a registered investment adviser in Florida and Pennsylvania. 

During his 32 years of experience, Paul Furlong has registered with eight firms. These are the five most recent:

  • Janney Montgomery Scott (CRD #: 463) 
  • Stifel, Nicolaus & Company, Incorporated (CRD #: 763)
  • Ryan Beck & Co. (CRD #: 3248) 
  • Raymond James & Associates (CRD #: 705) 
  • Legg Mason Wood Walker (CRD #: 6555) 

Kurta Law Can Help 

If you worked with Paul Furlong 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.

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