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Equitable Advisors Fires Thomas Cole

Aug 26, 2022 Fired Brokers

Thomas Cole (CRD #: 3194938) was fired from his firm, according to his BrokerCheck record, accessed on August 13, 2022. If you want to learn more about the allegations that preceded his termination, keep reading. 

Termination from Equitable Advisors

On June 23, 2022, Thomas Cole was fired from Equitable Advisors after allegedly failing to disclose numerous financial matters discovered by the firm through a FINRA public search. He has a bankruptcy on his record from 2013. Brokers are required to disclose bankruptcies on their U4 forms. 

FINRA Rule 2010

Failure to disclose a bankruptcy constitutes a violation of FINRA Rule 2010. FINRA Rule 2010 requires brokers to uphold high standards of professional honor and just and equitable principles of trade. 

Background Information

Thomas Cole 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

He previously worked for Charles Schwab & Company (CRD#:5393).

Kurta Law Can Help

If you worked with Thomas Cole and you have concerns about your investments, please contact us today at 877-600-0098 or 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.