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Timothy Van Dyken Allegedly Executed Unauthorized Equity Liquidation

Timothy Van Dyken (CRD #: 5918814), a broker registered with Ameriprise Financial Services, allegedly liquidated a client’s equities without authorization, according to his BrokerCheck record, accessed on June 27, 2023. Read on if you have questions about his alleged conduct as a broker.

Investor Dispute

On April 11, 2023, an investor filed a dispute alleging that Timothy Van Dyken liquidated her equities without her authorization or knowledge. The client further alleges that he executed a withdrawal on her annuity that resulted in the nullification of a rider.

This dispute is currently pending.

FINRA Rule 3260

FINRA Rule 3260 prohibits brokers from conducting discretionary trading outside discretionary accounts, pre-approved for discretionary trading by the firm and the client.

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

Timothy Van Dyken has passed the following exams:

  • Series 66 – Uniform Combined State Law Examination
  • SIE – Securities Industry Essentials Examination
  • Series 7 – General Securities Representative Examination

Timothy Van Dyken is a registered broker in 13 states and the District of Columbia. He is also a registered investment adviser in Idaho and Washington.

He has also worked for Edward Jones (CRD#:250).

Kurta Law Can Help

If you worked with Timothy Van Dyken 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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