Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on May 1, 2018 indicate that former Minnesota-based Feltl & Company broker/adviser Ethan De Naray, who has received a customer dispute, was discharged from his former employer in connection to alleged rule violations. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. De Naray (CRD# 4571532).
Ethan De Naray has spent 15 years in the securities industry and has been registered with Feltl & Company in Wayzata, Minnesota since July 2017. Previous registrations include Merrill Lynch in Minneapolis, Minnesota (2008-2017) and Citigroup Global Markets in Minneapolis, Minnesota (2002-2008). He has passed five securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), which he obtained on October 9, 2002; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on October 8, 2002; Series 3 (National Commodity Futures Examination), which he obtained on June 1, 2012; Series 31 (Futures Managed Funds Examination), which he obtained on October 13, 2005; and Series 7 (General Securities Representative Examination), which he obtained on September 19, 2002. He is a registered broker and investment adviser with 11 US states and territories: California, Colorado, Florida, Illinois, Michigan, Minnesota, New Jersey, New York, Texas, Washington, and Wisconsin.
According to his BrokerCheck report, Ethan De Naray has received one customer complaint and was discharged from his former employer in connection to alleged rule violations.
In May 2017 he was terminated from his position at Merrill Lynch in connection to allegations he used discretion in non-discretionary client accounts and mis-marked solicited trades as unsolicited trades.
In February 2017 a customer alleged Ethan De Naray, while employed at Merrill Lynch, participated in unauthorized trading from June 2016 until February 2017. The complaint settled for $92,000.
If you or someone you know has lost money investing with Ethan De Naray, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup your losses. Fitapelli Kurta accepts all cases on a contingency basis: we only get paid if and when you collect 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.