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Qusai Aljamous is the Subject of a Six-Figure Dispute

Securities Lawyer Jonathan Kurta
By: Jonathan Kurta Author
September 14, 2025 at 2:27am

Qusai Aljamous (CRD #: 6934341), a previously registered broker with NYLife Securities, is the subject of an investor dispute. This is according to his BrokerCheck record, accessed on September 13, 2025. Keep reading if you have questions regarding his alleged conduct. 

Investor Allegations

On June 9, 2025, an investor alleged that Quasi Aljamous advised them to open an options account with Merrill Lynch and that he proceeded to trade within the account and incurred losses. The investor is seeking $400,000. 

FINRA Rule 2111 – Unsuitable Options Trading

FINRA Rule 2111 requires brokers to evaluate whether an investment fits their investor’s risk tolerance. Options trading strategies are often unsuitable because they are speculative and therefore likely to lose money. Depending on what type of options contract the investor buys, the investor is placing a bet that the price of a stock will either increase or decrease. 

Background Information 

Quasi Aljamous has passed the following exams: 

  • Series 7TO General Securities Representative Examination 
  • Series 63 Uniform Securities Agent State Law Examination 
  • SIE – Securities Industry Essentials Examination 
  • Series 6 Investment Company Products/ Variable Contracts Representative Examination 

Kurta Law Can Help

If you worked with Quasi Aljamous 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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