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Scott Camuto Fired by Merrill Lynch, Pierce, Fenner & Smith

Scott Camuto (CRD #: 6577423), a broker registered with Empower Financial Services, was fired from his previous firm, according to his BrokerCheck record, accessed on September 17, 2022. Read on to learn more about his conduct as a broker.

Termination from Merrill Lynch, Pierce, Fenner & Smith

On July 28, 2022, Scott Camuto was fired from Merrill Lynch, Pierce, Fenner & Smith after allegedly engaging in misconduct, including providing inaccurate information to clients and recording inaccurate entries in a firm system used to track client interactions. This type of misconduct allegedly violates the following FINRA rules. 

FINRA Rule 2010

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade.

FINRA Rule 4511

FINRA Rule 4511 requires firms to keep accurate books and records. This includes records of client interactions.

Background Information

Scott Camuto has passed the following exams:

  • Series 66 – Uniform Combined State Law Examination
  • Series 63 – Uniform Securities Agent State Law Examination
  • SIE – Securities Industry Essentials Examination
  • Series 7 – General Securities Representative Examination
  • Series 6 – Investment Company Products/Variable Contracts Representative Examination

Scott Camuto is a registered broker in 31 states, the District of Columbia, and Puerto Rico.

He previously worked for Merrill Lynch, Pierce, Fenner & Smith (CRD#:7691) and T. Rowe Price Investment Services (CRD#:8348).

Kurta Law Can Help

If you worked with Scott Camuto 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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