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Todor Papazov Resigns from Merrill Lynch, Pierce, Fenner & Smith

Securities Lawyer Jonathan Kurta
By: Jonathan Kurta Author
November 3, 2022 at 11:13pm

Todor Papazov (CRD #: 7168562), a broker formerly registered with Fifth Third Securities, was fired from his previous firm, according to his BrokerCheck record, accessed on October 29, 2022. Keep reading if you have questions about Todor Papazov’s conduct as a broker.

Resignation from Merrill Lynch, Pierce, Fenner & Smith

On August 26, 2022, Todor Papazov resigned from Merrill Lynch, Pierce, Fenner & Smith after allegedly altering client documents and engaging in other misconduct.

FINRA Rule 2010

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Altering client documents is often a violation of Rule 2010. 

Background Information

Todor Papazov has passed the following exams:

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

He previously worked for Fifth Third Securities (CRD#:628) and Merrill Lynch, Pierce, Fenner & Smith (CRD#:7691).

Kurta Law Can Help

If you worked with Todor Papazov 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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