Publicly available records published by the Financial Industry Regulatory Authority on July 11, 2016 indicate that Texas-based IFS Securities broker Jason Anderson has been discharged from two previous employers. The securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Anderson (CRD# 4370191).
Jason Anderson has spent 15 years in the securities industry and has been registered with IFS Securities in Beaumont, Texas since May 2016. He was previously registered with Kovack Securities in Beaumont, Texas (2016); LPL Financial in Beaumont, Texas (2007-2016); and Edward Jones in Beaumont, Texas (2001-2007). He is a registered broker in three US states: Texas, Arkansas, and Louisiana.
According to his BrokerCheck report, Jason Anderson has been discharged from both Kovack Securities and LPL Financial.
In May 2016, Jason Anderson was terminated from his position at Kovack Securities following allegations that incomplete signed documents were found during an internal review.
In January 2016, Jason Anderson was terminated from his position at LPL Financial following allegations he conducted discretionary trading in a brokerage account in violation of firm policy.
According to FINRA rules and federal securities law, financial professionals like Jason Anderson are prohibited from executing transactions without a customer’s permission or authorization. There are some exceptions, including discretionary accounts and, in some circumstances, margin accounts. Brokers, investment advisers, and broker-dealer firms who effect unauthorized trades, including unauthorized discretionary trades, may be subject to disciplinary action by FINRA or the Securities and Exchange Commission.
If you have lost money investing with or have complaints regarding Jason Anderson, call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. You may be qualified to recover your losses. All cases are taken on contingency: we only get paid if and when you recover money. Time to file your claim may be limited, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.