Ran Regev Subject of a Discretionary Trading Dispute

Ran Regev (CRD #: 5469190), a broker registered with Osaic Wealth, is the subject of an investor dispute. This is according to his BrokerCheck record, accessed on May 16, 2024. Keep reading if you have questions regarding his alleged conduct. 

Investor Allegations 

On March 27, 2024, an investor alleged that Ran Regev engaged in unsuitable discretionary trading. The investor is seeking $150,000. 

FINRA Rule 3260

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.

FINRA Rule 2111 – Unsuitable Investments 

FINRA Rule 2111 defines suitable investments as securities that fit an investor’s profile. Investor profiles have information on the investor’s age, risk tolerance, tax status, investing experience, and financial goals. Investments that do not take these factors into account may be unsuitable. 

Background Information 

Ran Regev has passed the following exams: 

• Series 66 Uniform Combined State Law Examination
• SIE – Securities Industry Essentials Examination 
• Series 7 General Securities Representative Examination on  
• Series 24 General Securities Representative Examination 

He is a registered broker in 13 states and is a registered investment adviser in Florida. 

During his 16 years of experience, Ran Regev has registered with three firms: 

• Osaic Wealth (CRD #: 23131) 
• Sagepoint Financial (CRD #: 133763) 
• MetLife Securities (CRD #: 14251) 

Kurta Law Can Help 

If you have worked with Ran Regev 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.