Published on:

Wendy Feldman: Complaint for Unauthorized Trading

Wendy FeldmanWashington, DC-based Morgan Stanley broker/adviser is the subject of a pending customer complaint. The securities and investment fraud law firm Fitapelli Kurta is investigating allegations of misconduct against Ms. Feldman (CRD# 1946800).

Wendy Feldman has spent twenty-six years in the securities industry and has been registered with Morgan Stanley in Washington, DC since 2009. Previous registrations include Morgan Stanley & Company in Washington, DC (2008-2009); Wachovia Securities in Washington, DC (2003-2008); Prudential Securities Incorporated in New York, New York (1993-2003); Smith Barney Shearson in New York, New York (1993); and Lehman Brothers in New York, New York (1989-1993). She is a registered broker and investment adviser with 23 US states and territories, including Arizona, California, the District of Columbia, Georgia, Idaho, Maryland, Missouri, Nevada, New Mexico, New York, Ohio, Pennsylvania, Rhode Island, South Carolina, Texas, and Washington.

According to her BrokerCheck report, Wendy Feldman is the subject of one pending customer complaint related to her conduct at Morgan Stanley Smith Barney.

In July 2015 a customer alleged Wendy Feldman, while employed at Morgan Stanley Smith Barney, executed unauthorized trades, made unsuitable purchases, and failed to disclose fees associated with the customer’s accounts.

FINRA rules and federal securities law forbid brokers and investment advisers like Wendy Feldman from effecting securities transactions without the customer’s authorization. There are some exceptions, including discretionary accounts and, in some circumstances, margin accounts. Brokers, investment advisers, and broker-dealer firms who execute unauthorized trades may be subject to disciplinary action by FINRA or the Securities and Exchange Commission.

If you have lost money investing with Wendy Feldman, call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 without delay. You may be entitled to recoup your losses. We accept all cases on contingency: Fitapelli Kurta only gets paid if and when you collect money. Time to file your claim may be limited, so we recommend you avoid delay. Call 877-238-4175 now to speak to an attorney for free.

This information is based on publicly available documents provided by FINRA on March 21, 2016.