Roberta Bell Allegedly Recommended Unsuitable Mutual Funds
Roberta Bell (CRD #: 1719092), a broker registered with Morgan Stanley, is the subject of an investor dispute. This disclosure appears on her BrokerCheck record, accessed on March 8, 2024. Details concerning this dispute are provided below.
Customer Dispute
On February 26, 2024, an investor alleged that Roberta Bell recommended unsuitable mutual funds.
What is a Mutual Fund?
A mutual fund is a portfolio of investments that allows investors to pool their wealth. They can be passively or actively managed. Brokers may earn a large commission from these funds, making them frequent objects of fraudulent trading practices.
FINRA Rule 2111 – Unsuitable Investments
FINRA Rule 2111 defines suitable investments as securities that fit an investor’s profile. Investor profiles have information on the investor’s age, risk tolerance, tax status, investing experience, and financial goals. Investments that do not take these factors into account may be unsuitable.
Background Information
Roberta Bell 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 31 Futures Managed Funds Examination
- Series 7 General Securities Representative Examination
She is a registered broker in 31 states and is a registered investment adviser in Illinois and Texas.
During her 35 years of experience, Roberta Bell has registered with the following firms:
- Morgan Stanley (CRD #: 149777)
- Morgan Stanley & Co. (CRD #: 8209)
- Morgan Stanley (CRD #: 7556)
- Cowen & Co. (CRD #: 1541)
- Hambrecht & Quist Incorporated (CRD #: 940)
Kurta Law Can Help
If you have worked with Roberta Bell and have concerns about your investments, do not hesitate to contact us at 877-600-0098 or 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.