Yang Nie Resigns from Merrill Lynch, Pierce Fenner & Smith

Yang Nie (CRD #: 6768562), a broker registered with Merrill Lynch, Pierce, Fenner & Smith, resigned from the firm, according to his BrokerCheck record, accessed on April 14, 2023. If you want to know more about his alleged conduct as a broker, keep reading.

Resignation from Merrill Lynch, Pierce Fenner & Smith

On January 20, 2023, Yang Nie was permitted to resign from Merrill Lynch, Pierce Fenner & Smith after allegedly making inaccurate entries in a firm system used to track client interactions.

FINRA Rule 2010

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

FINRA Rule 4511

FINRA Rule 4511 requires that firms maintain accurate books and records.

Background Information

Yang Nie has passed the following exams:

• Series 66 – Uniform Combined State Law Examination
• SIE – Securities Industry Essentials Examination
• Series 7 – General Securities Representative Examination
• Series 10 – General Securities Sales Supervisor – General Module Examination
• Series 9 – General Securities Sales Supervisor – Options Module Examination

He previously worked for Merrill Lynch, Pierce, Fenner & Smith (CRD#:7691).

Kurta Law Can Help

If you worked with Yang Nie 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.