Sam Sayed Allegedly Misrepresented a Mutual Fund
Sam Sayed (CRD #: 2532880), a broker registered with MML Investors Services, is facing allegations that he made misrepresentations. This is according to his BrokerCheck record, accessed on July 26, 2023. Keep reading for more detail.
On May 19, 2023, an investor alleged that Sam Sayed misrepresented a mutual fund tax free bond investment, starting on or about October 19, 2022.
FINRA Rule 2020
FINRA Rule 2020 prohibits the use of manipulation, deception, and other fraudulent methods to influence investors’ decisions. This includes the misrepresentation or omission of information, such as an investment’s potential returns, risks, or limitations.
FINRA Rule 2010
FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Violations of FINRA Rule 2020 qualify as violations of FINRA Rule 2010.
Sam Sayed has has passed the following exams:
- Series 66 Uniform Combined State Law Examination
- Series 65 Uniform Investment Adviser Law Examination
- Series 63 Uniform Securities Agent State Law Examination
- SIE – Securities Agent State Law Examination
- SIE – Securities Industry Essentials Examination
- Series 7 General Securities Representative Examination
- Series 31 Futures Managed Funds Examination
He is a registered broker in Michigan and Ohio. He is also a registered investment adviser in Ohio.
Kurta Law Can Help
If you worked with Sam Sayed and you have concerns about your investments, please contact us today at 877-600-0098 or email@example.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.