Timothy McKenna Allegedly Failed to Supervise
Timothy McKenna (CRD #: 2029697), a broker registered with Merrill Lynch, Pierce, Fenner & Smith, is involved in a pending dispute, according to his BrokerCheck record, accessed on February 22, 2023. If you have questions about his alleged conduct as a broker, read on.
On December 23, 2022, an investor filed a dispute alleging Timothy McKenna failed to supervise between August and November 2021. The client seeks $250,000 in damages in this pending dispute.
FINRA Rule 3110
Failure to supervise violates FINRA Rule 3110, which requires that firms establish supervisory systems to ensure their compliance with securities regulations. Among other things, firms must appoint supervisors with adequate training or experience for their roles.
Timothy McKenna 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 3 – National Commodity Futures Examination
- Series 7 – General Securities Representative Examination
- Series 9 – General Securities Sales Supervisor – Options Module Examination
- Series 10 – General Securities Sales Supervisor – General Module Examination
- Series 24 – General Securities Principal Examination
Timothy McKenna is a registered broker in all 50 states as well as the District of Columbia, Puerto Rico, and the Virgin Islands. He is also a registered investment adviser in Connecticut , Texas, and New York.
He has also worked for the following firms:
- Citigroup Global Markets (CRD#:7059)
- Citicorp Investment Services (CRD#:23988)
- Credit Suisse First Boston (CRD#:816)
- Donaldson, Lufkin & Jenrette Securities (CRD#:7560)
- Prudential Securities (CRD#:7471)
Kurta Law Can Help
If you worked with Timothy McKenna and you have concerns about your investments, please contact us today at 877-600-0098 or firstname.lastname@example.org 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.