Young Jung No Longer Registered with Morgan Stanley

Young Jung (CRD #: 5649774), a broker registered with Edward Jones, voluntarily resigned from Morgan Stanley Smith Barney. This disclosure appears on his BrokerCheck record, accessed on May 8, 2024. Keep reading if you have questions regarding his alleged conduct. 

Employment Separation After Allegations 

On April 11, 2024, Young Jung voluntarily resigned from Morgan Stanley Smith Barney following allegations that he failed to disclose three outside business activities, as required by the firm’s policies. 

There are no outside businesses disclosed on his detailed BrokerCheck record. 

FINRA Rule 3270 – Outside Business and Selling Away

FINRA Rule 3270 requires brokers to inform their firm of any outside business activities or any investments sold away from the firm. The brokerage firm may prohibit the activity if the firm believes the proposed activity may compromise the broker’s duties. Firms may also require brokers to seek approval of any outside business.

Background Information 

Young Jung has passed the following exams: 

• 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 
• Series 6 Investment Company Products / Variable Contracts Representative Examination 

He is a registered investment adviser and broker in Virginia. He is a registered broker in Maryland, D.C., North Carolina, and Rhode Island. 

During his 12 years of experience, Young Jung has registered with five firms: 

• Edward Jones (CRD #: 250) 
• Morgan Stanley (CRD #: 149777) 
• Hornor Townsend & Kent (CRD #: 4031) 
• NYLife Securities (CRD #: 5167) 
• MML Investors Services (CRD #: 10409) 

Kurta Law Can Help 

If you have worked with Young Jung 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.