Susan Billingsley Named in Suitability Dispute Involving Annuities

Susan Billingsley (CRD #: 4431948), a broker formerly registered with Pruco Securities, was involved in a recent investor dispute, according to her BrokerCheck record, accessed on July 14, 2022. Read on to learn more about her conduct as a broker.

Investor Dispute

On May 3, 2022, an investor alleged that Susan Billingsley violated suitability in relation to annuities purchased by the client. This dispute was denied by the firm.

However, investors should know that firms don’t need to permit an outside review before denying disputes. Investors may still be able to recover their funds by seeking out FINRA arbitration after a denial.

FINRA Rule 2111

FINRA Rule 2111 requires brokers to take an investor’s profile into account when recommending investments. Investors’ profiles contain information such as their tax status, risk tolerance, and overall financial situation.

Investors who rely on brokers for investment recommendations can potentially recover their losses by pursuing FINRA arbitration.

Civil Liens

In 2014, Susan Billingsley was subjected to $8,490.67 in civil liens.

Background Information

Susan Billingsley has passed the following exams:

• Series 66 – Uniform Combined State Law Examination
• SIE – Securities Industry Essentials Examination
• Series 7 – General Securities Representative Examination

She has also worked for the following firms:

• Pruco Securities (CRD#:5685)
• Princor Financial Services (CRD#:1137)
• MetLife Securities (CRD#:14251)
• Ameriprise Financial Services (CRD#:6363)
• IDS Life Insurance Company (CRD#:6321)

Kurta Law Can Help

If you worked with Susan Billingsley 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.