Teena Bourque Allegedly Misrepresented Fee Structures

Teena Bourque (CRD #: 2687982), a broker registered with Merrill Lynch, Pierce, Fenner & Smith, is the subject of an investor dispute. This disclosure appears on her BrokerCheck record, accessed on March 27, 2024. Details concerning this dispute are provided below. 

Investor Dispute

On February 5, 2024, an investor alleged that Teena Bourque misrepresented fee structures. 

FINRA Rule 2020 – Misrepresentation

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, fees, or limitations.

High Standards of Commercial Honor 

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Violations of FINRA Rule 2020 violate this rule. 

Background Information 

Teena Bourque 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 31 Futures Managed Funds Examination 
• Series 7 General Securities Representative Examination
• Series 10 General Securities Sales Supervisor – General Module Examination 
• Series 9 General Securities Sales Supervisor – Options Module Examination

She is a registered broker in 32 states and is a registered investment adviser in Maine and Texas. 

During his 25 years of experience, Teena Bourque has registered with four firms: 

• Merrill Lynch, Pierce, Fenner & Smith (CRD #: 7691) 
• RBC Capital Markets (CRD #: 31194) 
• Tucker Anthony Incorporated (CRD #: 837) 
• Painewebber Incorporated (CRD #: 8174) 

Kurta Law Can Help 

If you have worked with Teena Bourque and have concerns about your investments, do not hesitate to contact us at 877-600-0098 or info@kurtalawfirm.com for a free consultation. 

For nearly 20 years, Kurta Law has advocated for investors to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm that 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. Do not let securities fraud go unchecked. Start your recovery process today.