Investor Alleges William Kent Failed to Purchase Correct Investment

William Kent (CRD #: 7024082), a broker registered with Edward Jones, allegedly failed to follow an investor’s instructions, according to his BrokerCheck record, accessed on May 26, 2023. If you have questions about his alleged conduct as a broker, read on.

Investor Dispute

On March 21, 2023, an investor alleged that William Kent purchased a 10-year bond instead of the 12-month, $25,000 certificate of deposit requested by the client. This dispute was denied by the firm.

Investors should be aware, however, that firms can deny disputes without an outside review. Investors can potentially recover their losses following a denial by seeking out FINRA arbitration.

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.

FINRA Rule 5310

FINRA Rule 5310 requires brokers to promptly execute clients’ transactions according to their instructions.

Background Information

William Kent has passed the following exams:

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

William Kent is a registered broker in 19 states and a registered investment adviser in Kentucky and Texas.

Kurta Law Can Help

If you worked with William Kent 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.