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Paul Nathe Allegedly Executed Unauthorized Transactions

Paul Nathe (CRD #: 2015831), a broker registered with Oppenheimer & Co., is the subject of an investor dispute. This is according to his BrokerCheck record, accessed on June 21, 2024. Keep reading if you have questions regarding his alleged conduct. 

Investor Allegations 

On April 16, 2024, an investor alleged that Paul Nathe executed unauthorized transactions in his account on June 16, 2023. The investor sought $367,000 but the dispute was denied by the firm. Firms can deny disputes without any external review, and investors should know that they can still recover following a denial. 

Unauthorized Trading

FINRA Rule 3260 limits discretionary trading by brokers to pre-approved discretionary accounts. These accounts must be approved for discretionary trading by both the client and the firm. Discretionary trading that takes place in an account that has not been approved is unauthorized.

Background Information 

Paul Nathe 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 19 states and is a registered investment adviser in New York. 

During his 34 years of experience, he has registered with three firms: 

  • Oppenheimer & Co. (CRD #: 249) 
  • CitiGroup Global Markets (CRD #: 7059) 
  • Merrill Lynch, Pierce, Fenner & Smith (CRD #: 7691) 

Kurta Law Can Help 

If you have worked with Paul Nathe 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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