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Robert Hyde Fired from Farmers Financial Solutions Over Alleged Misconduct

Jul 17, 2023 Fired Brokers

Robert Hyde (CRD #: 6206831), a broker formerly registered with Farmers Financial Solutions, was recently fired from that firm, according to his BrokerCheck record, accessed on July 11, 2023. Read on if you have questions about his alleged conduct as a broker.

Termination from Farmers Financial Solutions

On June 21, 2023, Robert Hyde was fired from Farmers Financial Solutions for allegedly co-mingling a client’s premium for business insurance with their agency accounts, in violation of Farmers Insurance Group’s policies.

FINRA Rule 2010

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Failing to follow firm policies may violate this rule. 

Tax Lien

On July 1, 2019, Robert Hyde became the subject of a $32,869.32 tax lien.

Background Information

Robert Hyde has passed the following exams:

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

He previously worked for Farmers Financial Solutions (CRD#:103863).

Kurta Law Can Help

If you worked with Robert Hyde 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. 

 

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