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Ted Oakley Subject of SEC Investigation

Ted Oakley (CRD #: 813008), a broker registered with Herndon Plant Oakley, is the subject of an SEC investigation. This is according to his BrokerCheck record, accessed on July 28, 2023. 

On May 25, 2023, the Securities Exchange Commission initiated an investigation into Ted Oakley. The proposed action would allege violations of Sections 10(b) of the 1934 Exchange Act and Rule 10b-5 thereunder. 

Section 10b-5 of the Securities Exchange Act

Section 10b-5 prohibits the employment of manipulative and deceptive devices in the sale of securities. 

Background Information 

Ted Oakley has passed the following exams: 

  • Series 65 Uniform Investment Adviser Law Examination 
  • Series 63 Uniform Securities Agent State Law Examination 
  • Series 99TO Operations Professional Examination 
  • SIE – Securities Industry Essentials Examination 
  • PC AMEX Put and Call Exam 
  • Series 7 General Securities Representative Examination 
  • Series 24 General Securities Principal Examination 

He is a registered broker in 34 states and D.C. He is a registered investment adviser in Texas. 

Ted Oakley has registered with the following firms: 

  • Dain Rauscher Incorporated (CRD #: 31194) 
  • Dain Rauscher Incorporated (CRD #: 7600) 
  • Rauscher Pierce Refsnes (CRD #: 6663) 
  • Rotan Mosle (CRD #: 727) 
  • Merrill Lynch, Pierce, Fenner & Smith (CRD #: 572) 

Kurta Law Can Help

If you worked with Ted Oakley 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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