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Timothy Frey Voluntarily Resigned from LPL Financial

Timothy Frey (CRD #: 4937686) has voluntarily resigned from LPL Financial following allegations. This disclosure appears on his BrokerCheck record, accessed on April 12, 2024. Keep reading if you have questions regarding his alleged conduct. 

Employment Separation After Allegations 

On January 29, 2024, Timothy Frey voluntarily resigned from LPL Financial. This followed allegations that he engaged in outside business activity without firm approval. 

FINRA Rule 3270 – Outside Business and Selling Away

FINRA Rule 3270 requires brokers to inform their firm of any outside business activities or any investments sold away from the firm. The brokerage firm may prohibit the activity if the firm believes the proposed activity may compromise the broker’s duties. Firms may also require brokers to seek approval of any outside business.

High Standards of Commercial Honor

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade.

Background Information 

Timothy Frey has passed the following exams: 

  • Series 65 Uniform Investment Adviser Law Examination 
  • Series 63 Uniform Securities Agent State Law Examination 
  • SIE – Securities Industry Essentials Examination 
  • Series 7 General Securities Representative Examination 
  • Series 6 Investment Company Products / Variable Contracts Representative Examination 

He is a registered broker in Florida, Georgia, and Minnesota. He is a registered investment adviser and broker in Wisconsin. 

Kurta Law Can Help 

If you have worked with Timothy Frey and have concerns about your investments, do not hesitate to contact us at 877-600-0098 or email 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.

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