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Investors Allege Thomas Snyder Failed to Invest Funds as Instructed

Thomas Snyder (CRD #: 861031), a broker formerly registered with Wells Fargo Clearing Services, allegedly failed to follow clients’ instructions, according to his BrokerCheck record, accessed on May 31, 2023. Read on if you want to know more about his alleged conduct as a broker.

Pending Dispute

On March 16, 2023, multiple investors alleged that Thomas Snyder failed to invest their cash into an annuity as instructed between April 12, 2013, and June 30, 2021. 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.

Background Information

Thomas Snyder 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 5 – Interest Rate Options Examination
  • Series 7 – General Securities Representative Examination

He previously worked for Wells Fargo Clearing Services (CRD#:19616) and Citigroup Global Markets (CRD#:7059).

Kurta Law Can Help

If you worked with Thomas Snyder 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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