Investor Alleges Victor Reskin Executed Unauthorized Trades

Victor Reskin (CRD #: 843710), a broker registered with Wells Fargo Clearing Services, allegedly executed unauthorized trades, according to his BrokerCheck record, accessed on August 3, 2025. Investors may have also engaged his services through Wells Fargo Advisors. If you have questions about his  alleged conduct as a broker, keep reading.

Investor Dispute

On April 14, 2025, an investor alleged that Victor Reskin executed unauthorized trades between January 2, 2002, and November 3, 2009. This dispute was denied by the firm.

However, investors should be aware that firms can deny disputes without an external review. Investors can still recover damages following a denial by pursuing FINRA arbitration.

FINRA Rule 3260

Unauthorized trading violates FINRA Rule 3260, which limits brokers to engaging in discretionary trading only in pre-authorized accounts. Both the firm and the client must approve an account before discretionary trading can occur.

FINRA Rule 2010

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

Background Information

Victor Reskin has passed the following exams:

• Securities Industry Essentials Examination – SIE
• Foreign Currency Options Examination – Series 15
• Interest Rate Options Examination – Series 5
• General Securities Representative Examination – Series 7
• Uniform Securities Agent State Law Examination – Series 63

Victor Reskin is a registered broker in 12 states and a registered investment adviser in California.

He has also worked for the following firms:

• UBS Financial Services (CRD#:8174)
• Prudential Securities (CRD#:7471)
• Lehman Brothers (CRD#:7506)
• Oppenheimer & Company (CRD#:630)
• Merrill Lynch, Pierce, Fenner & Smith (CRD#:572) 

Kurta Law Can Help

If you worked with Victor Reskin 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 that 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.