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Wyman Sai Fired by JP Morgan Chase Bank

Wyman Sai (CRD #: 7509743) has been fired by JP Morgan Chase Bank. This is according to his BrokerCheck record, accessed on June 7, 2024. Keep reading if you have questions concerning his alleged conduct. 

Employment Separation After Allegations 

On March 25, 2024, JP Morgan Chase Bank fired Wyman Sai following allegations that he accessed a customer’s affiliate bank account without a business need using his personal cell phone and then adding his phone number and linking an external bank account to the customer’s bank account. He allegedly entered inaccurate notes into an internal bank system related to customer authentication. 

High Standards of Commercial Honor 

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Entering inaccurate notes may violate this rule. 

4511

FINRA Rule 4511 requires firms to keep accurate and up-to-date books and records. Entering inaccurate notes violates this rule. 

Background Information 

Wyman Sai has passed the following exams: 

  • Series 63 Uniform Securities Agent State Law Examination 
  • Series 6TO Investment Company Products/Variable Contracts Representative Examination 
  • SIE – Securities Industry Essentials Examination 

He has registered with JP Morgan Securities (CRD #: 79). 

Kurta Law Can Help 

If you have worked with Wyman Sai and have concerns about your investments, do not hesitate to contact us at 877-600-0098 or email info@kurtalawfirm.com for a free consultation. 

For nearly 20 years, Kurta Law has advocated for investors 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. Do not let securities fraud go unchecked. Start your recovery process today.

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