Ross Wyatt Allegedly Misrepresented Variable Annuities
Ross Wyatt (CRD #: 5998899), a broker registered with MML Investors Services, is involved in an investor dispute, according to his BrokerCheck record, accessed on May 13, 2022. Details of the dispute are provided below.
On March 1, 2022, an investor alleged that Ross Wyatt misrepresented the tax consequences associated with variable annuities.
Variable annuities are complex investments that often come with fees and tax consequences that may not be clear to investors. In fact, these types of investments are so complex that stock brokers often struggle to understand how they work.
FINRA Rule 2020
FINRA Rule 2020 prohibits misrepresentations and omissions. Stock brokers are not allowed to omit material facts or use any misleading, deceptive tactics that may influence a customer’s decision to invest.
Ross Wyatt 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 6 Investment Company Products/ Variable Contracts Representative Examination
He is a registered broker in 11 states and is a registered investment adviser in Georgia.
Ross Wyatt has only ever registered with MML Investors Services (CRD #: 10409).
Kurta Law Can Help
If you worked with Ross Wyatt and have concerns about your investments, please contact us today at 877-600-0098 or email@example.com for a free consultation.
For nearly 20 years, Kurta Law has advocated on behalf investors recovering their investment losses from stockbrokers and brokerage firms. Kurta Law is a nationally recognized law firm that exclusively represents investors. We work on a contingency basis, which means that the firm only earns a fee if our securities attorneys recover money on your behalf. Reach out and we can tell you what steps to take to restore your lost funds.