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Richard Nguyen Terminated by Jefferies LLC

Richard Nguyen (CRD #: 7564566) was fired by Jefferies LLC. This disclosure appears on his BrokerCheck record, accessed on October 4, 2024. Keep reading if you have questions regarding his alleged conduct. 

Employment Separation After Allegations

On August 26, 2024, Jefferies LLC fired Richard Nguyen following allegations that he failed to disclose his outside business activity. 

Outside Business and Selling Away

FINRA Rule 3270 requires brokers to inform their firm of any outside business activities or any investments sold away from the firm. The brokerage firm may prohibit the activity if the firm believes the proposed activity may compromise the broker’s duties. Firms may also require brokers to seek approval of any outside business.

High Standards of Commercial Honor 

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Violations of FINRA Rule 3270 also violate FINRA Rule 2010. 

Background Information 

Richard Nguyen has passed the following exams: 

  • Series 63 Uniform Securities Agent State Law Examination 
  • Series 79TO Investment Banking Registered Representative Examination 
  • Series 87 Research Analyst Exam – Part II Regulations Module
  • SIE – Securities Industry Essentials Examination 

Kurta Law Can Help 

If you worked with Richard Nguyen and you 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.

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