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William Barnett Fired from J.P. Morgan Securities For Alleged Forgery

William Barnett (CRD #: 4132003), a broker formerly registered with J.P. Morgan Securities, was fired from the firm, according to his BrokerCheck record, accessed on September 17, 2022. If you have questions about William Barnett’s conduct as a broker, keep reading.

Discharge from J.P. Morgan Securities

On August 4, 2022, William Barnett was fired by JPMorgan Chase Bank for allegedly cutting and pasting clients’ signatures onto brokerage account maintenance and transfer forms without their knowledge, as well as allegedly violating firm policy concerning receiving in-person and telephone confirmation from clients prior to placing trades.

FINRA Rule 2010

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

FINRA Rule 3260

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

Background Information

William Barnett has passed the following exams:

  • Series 66 – Uniform Combined State Law Examination
  • 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

He previously worked for the following firms:

  • J.P. Morgan Securities (CRD#:79)
  • Royal Alliance Associates (CRD#:23131)
  • Signator Investors (CRD#:468)
  • MML Investors Services (CRD#:10409)
  • AXA Advisors (CRD#:6627)

Kurta Law Can Help

If you worked with William Barnett 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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