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Victor Chan Fired from Merrill Lynch, Pierce, Fenner & Smith

Victor Chan (CRD #: 6327054), a broker formerly registered with Merrill Lynch, Pierce, Fenner & Smith, was fired from the firm following allegations of misconduct, according to his BrokerCheck record, accessed on June 8, 2023. If you want to know more about his alleged conduct as a broker, keep reading.

Termination from Merrill Lynch, Pierce, Fenner & Smith

On April 4, 2023, Victor Chan was fired from Merrill Lynch, Pierce, Fenner & Smith after alleged misconduct, including failure to properly safeguard and dispose of certain client documents.

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

Victor Chan 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
  • Series 10 – General Securities Sales Supervisor – General Module Examination
  • Series 9 – General Securities Sales Supervisor – Options Module Examination

He previously worked for Merrill Lynch, Pierce, Fenner & Smith (CRD#:7691) and J.P. Morgan Securities (CRD#:79).

Kurta Law Can Help

If you worked with Victor Chan 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.