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Stacy Spearman Involved in Dispute Alleging Suspicious Trades

Securities Lawyer Jonathan Kurta
By: Jonathan Kurta Author
July 25, 2023 at 8:37pm

Stacy Spearman (CRD #: 3158108), a broker registered with LPL Financial, is the subject of a pending dispute, according to her BrokerCheck record, accessed on July 17, 2023. If you have questions about her alleged conduct as a broker, keep reading.

Investor Dispute

On June 2, 2023, an investor alleged that Stacy Spearman made “suspicious” trades and transfers to accounts not belonging to the client between January 1, 2021, and June 15, 2022. This dispute is currently pending.

FINRA Rule 2010

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Violations of many other rules may also qualify as violations of FINRA Rule 2010.

FINRA Rule 2150

FINRA Rule 2150 prohibits the improper use of investors’ funds.

Background Information

Stacy Spearman 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

Stacy Spearman is a registered broker in 16 states and a registered investment adviser in Mississippi, New Jersey, Texas, and Virginia.

She has also worked for the following firms:

  • PFIC Securities Corporation (CRD#:34941)
  • MetLife Securities (CRD#:14251)
  • Metropolitan Life Insurance Company (CRD#:4095)

Kurta Law Can Help

If you worked with Stacy Spearman 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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