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Investor Alleges Todd Montgomery Executed Unauthorized Trades

Todd Montgomery (CRD #: 5854465), a broker registered with Raymond James Financial Services, was recently the subject of an investor dispute, according to his BrokerCheck record, accessed on November 30, 2022. Investors may have also engaged his services through Silver Tree Wealth. Read on if you want to learn more about his conduct as a broker.

Investor Dispute

On September 28, 2022, an investor alleged Todd Montgomery executed unauthorized trades of AT&T on August 25 and December 16, 2020. This dispute was denied by the firm.

However, investors should know that firms don’t need to permit an external review. Investors can still seek out FINRA arbitration after a denial and may be able to recover their money.

FINRA Rule 3260

Unauthorized trading violates FINRA Rule 3260, which limits brokers to exercising their trading discretion in pre-approved discretionary accounts.

FINRA Rule 2010

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

Background Information

Todd Montgomery has passed the following exams:

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

Todd Montgomery is a registered broker in 16 states and the District of Columbia. He is also a registered investment adviser in Oregon and Texas.

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

Kurta Law Can Help

If you worked with Todd Montgomery 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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