William Song Allegedly Signed Annuity Paperwork without Authorization

William Song (CRD #: 4008256), a broker registered with LPL Financial, is the subject of an investor dispute. This is according to his BrokerCheck record, accessed on October 19, 2025. Keep reading if you have questions regarding his alleged conduct.

Investor Allegations

On September 3, 2025, an investor alleged that William Song signed annuity purchase paperwork without authorization. The investor further alleged that he borrowed $6,000.

The investor is seeking $459,999.

Unauthorized Trading

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

Rule for Borrowing from Brokers

William Song Allegedly Signed Annuity Paperwork without Authorization

FINRA Rule 3240 describes the limited circumstances under which brokers may borrow from or lend to clients, such as loans between immediate family members.

Background Information

William Song 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 is a registered broker in Arizona, California, and Nebraska.

These are his five most recent firms:

• LPL Financial (CRD #: 6413)
• Wells Fargo Clearing Services (CRD #: 19616)
• CitiGroup Global Markets (CRD #: 7059)
• S. Bancorp Investment (CRD #: 17868)
• Chase Investment Services Corp (CRD #: 25574)

Kurta Law Can Help

If you worked with William Song 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.