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Investor Alleges Ray Danishyar Engaged in Unauthorized Trading

Securities Lawyer Jonathan Kurta
By: Jonathan Kurta Author
August 19, 2025 at 2:14am

Ray Danishyar (CRD #: 5062848), a broker registered with J.P. Morgan Securities, allegedly engaged in unauthorized trading, according to his BrokerCheck record, accessed on July 20, 2025. Read on if you have questions about his alleged conduct as a broker.

Investor Dispute

On April 22, 2025, an investor alleged that Ray Danishyar executed unauthorized trades from April 15-21, 2025. This dispute was denied by the firm.

However, investors can still seek out FINRA arbitration and potentially recover their losses even if a firm denies their dispute.

FINRA Rule 3260

FINRA Rule 3260 forbids brokers from conducting discretionary trading outside of accounts approved in advance by their client and firm.

FINRA Rule 2010

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade.

Background Information

Ray Danishyar has passed the following exams:

  • General Securities Representative Examination – Series 7TO
  • Securities Industry Essentials Examination – SIE
  • Investment Company Products/Variable Contracts Representative Examination – Series 6
  • Uniform Combined State Law Examination – Series 66
  • Uniform Securities Agent State Law Examination – Series 63

Ray Danishyar is a registered broker in six states and a registered investment adviser in New York and Texas.

He has also worked for Chase Investment Services (CRD#:25574).

Kurta Law Can Help

If you worked with Ray Danishyar 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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