Investor Alleges Rebecca Gaylor Sold Unsuitable Investment

Rebecca Gaylor (CRD #: 1452113), a broker registered with J.W. Cole Financial, is the subject of a pending dispute, according to her BrokerCheck record, accessed on March 29, 2023. Investors may also have worked with Rebecca Gaylor through J.W. Cole Advisors. Read on if you want to know more about Rebecca Gaylor’s conduct as a broker.

Investor Dispute

On January 4, 2023, an investor alleged that Rebecca Gaylor’s firm failed to research and vet an oil and gas limited partnership before she sold it to the client, leading to the loss of their principal. The client sought $325,000 in damages in this pending dispute.

There is a similar settled dispute on her record from the previous year. 

FINRA Rule 2111 and Regulation Best Interest

FINRA Rule 2111 requires brokers to consider the information in an investor’s profile when recommending securities. These profiles describe an investor’s age, tax status, investment goals, and other information.

Regulation Best Interest (Reg-BI) is an SEC regulation that requires brokerage firms to put their clients’ best interests first. For example, firms must conduct reasonable due diligence when researching investments to ensure their recommendations are suitable for the investor.

Background Information

Rebecca Gaylor 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
• Series 22 – Direct Participation Programs Representative Examination
• Series 6 – Investment Company Products/Variable Contracts Representative Examination
• Series 24 – General Securities Principal Examination

Rebecca Gaylor is a registered broker in 29 states and a registered investment adviser in Arizona.

She has also worked for the following firms:

• Jonathan Roberts Financial Group (CRD#:46285)
• 1st Global Capital (CRD#:30349)
• H.D. Vest Investment Securities (CRD#:13686)

Kurta Law Can Help

If you worked with Rebecca Gaylor 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 and 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.