Winston Felix Investigated by State of Washington

Winston Felix (CRD #: 7183135), a broker formerly registered with Edward Jones, has been the subject of a state investigation, according to his BrokerCheck record, accessed on April 15, 2025. If you have questions about his alleged conduct as a broker, keep reading.

Washington Investigation

On January 30, 2025, the State of Washington Department of Financial Institutions, Securities Division conducted an investigation into Winston Felix.

The Securities Division alleged that he made an unsuitable recommendation to execute a series of trades in a Washington investor’s brokerage account for the purpose of tax-loss harvesting, resulting in more than $120,000 in capital losses.

FINRA Rule 2111

FINRA Rule 2111 requires brokers to evaluate whether an investment fits their investor’s financial goals. Brokers must take into account an investor’s age, investing experience, tax status, and other information described in their profile.

Investors who rely on their broker for recommendations may be able to recoup their losses through FINRA arbitration.

Investor Dispute

In a dispute filed on January 18, 2023, an investor alleged that Winston Felix executed unauthorized trades. This dispute was settled for $62,317.43.

FINRA Rule 3260

FINRA Rule 3260 requires brokers to receive written authorization from their clients before engaging in discretionary trading. Discretionary accounts must also be approved by the firm before this trading can occur.

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

Winston Felix has passed the following exams:

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

He previously worked for Edward Jones (CRD#:250).

Kurta Law Can Help

If you worked with Winston Felix 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.