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Rose Zhou Allegedly Misrepresented a Fixed Annuity

Rose Zhou (CRD #: 5719907), a broker registered with MML Investors Services, is the subject of an investor dispute. This is according to her BrokerCheck record, accessed on August 13, 2024. Keep reading if you have questions regarding her alleged conduct. 

Investor Allegations 

On July 8, 2024, an investor alleged that Rose Zhou misrepresented a fixed annuity purchase and signed electronically on his behalf. This purchase was allegedly funded by a 401K rollover. 

FINRA Rule 2020 – Misrepresentation

FINRA Rule 2020 prohibits the misrepresentation of investments and omission of material facts. Material facts include information about an investment’s potential returns, as well as charges, expenses, and fees. Brokers must always disclose the risks associated with illiquid investments, such as early withdrawal fees. 

High Standards of Commercial Honor

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Electronically signing a customer’s signature may violate this rule. 

Background Information 

Rose Zhou has passed the following exams: 

  • SIE – Securities Industry Essentials Examination 
  • Series 6 Investment Company Products / Variable Contracts Representative Examination 

During her 14 years in the industry, she has registered with two firms: MML Investors Services and MSI Financial Services (CRD #: 14251). 

Kurta Law Can Help 

If you worked with Rose Zhou 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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