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Investor Alleges Peter Cox Executed Unauthorized Trades

Peter Cox (CRD #: 4501828), a broker registered with LPL Financial, allegedly executed unauthorized trades, according to his BrokerCheck record, accessed on October 30, 2024. Read on if you have questions about his alleged conduct as a broker.

Investor Dispute

In a dispute filed on August 25, 2024, an investor alleged that Peter Cox executed unauthorized trades. This dispute is currently pending.

FINRA Rule 3260

Unauthorized trading violates FINRA Rule 3260, which limits brokers to engaging in discretionary trading only in pre-authorized accounts. Both the firm and the client must approve an account before discretionary trading can occur.

FINRA Rule 2010

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Violations of many other rules may also qualify as violations of FINRA Rule 2010.

Background Information

Peter Cox 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 55 – Limited Representative-Equity Trader Exam
  • Series 7 – General Securities Representative Examination

Peter Cox is a registered broker in 19 states and a registered investment adviser in Nevada.

He has also worked for the following firms

  • MML Investors Services (CRD#:10409)
  • Union Gaming Advisors (CRD#:151592)
  • Wells Fargo Securities (CRD#:126292)
  • Bear, Stearns & Company (CRD#:79)

Kurta Law Can Help

If you worked with Peter Cox 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. 

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