Richard Sica Allegedly Failed to Follow Instructions

Richard Sica (CRD #: 1756940), a broker registered with Charles Schwab & Co., is the subject of an investor dispute. This is according to his BrokerCheck record, accessed on August 30, 2024. Keep reading if you have questions regarding his alleged conduct. 

Investor Allegations 

On June 11, 2024, an investor alleged that Richard Sica failed to follow the instructions regarding his investment strategy. 

There are two other investor disputes alleging he failed to follow instructions. 

High Standards of Commercial Honor

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Failing to follow instructions violates this rule. 

Background Information 

Richard Sica 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 31 Futures Managed Funds Examination 
• Series 10 General Securities Sales Supervisor – General Module Examination 
• Series 9 General Securities Sales Supervisor – Options Module Examination 

He is a registered broker in 29 states and D.C. He is a registered investment adviser in Connecticut.

During his 36 years of experience, Richard Sica has registered with six firms:

• Charles Schwab (CRD #: 5393) 
• Merrill Lynch, Pierce, Fenner & Smith (CRD #: 7691) 
• UBS Financial Services (CRD #: 8174)
• Prudential Securities Incorporated (CRD #: 7471) 
• Cowen & Co. (CRD #: 1541) 
• Lehman Brothers (CRD #: 7506) 

Kurta Law Can Help 

If you worked with Richard Sica 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.