Mark Saunders Has Received a Regulatory Sanction

Mark Saunders

Public records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on April 17, 2018 indicate that former Missouri-based Edward Jones broker/adviser Mark Saunders was recently discharged from his former employer in connection to alleged rule violations and is currently not affiliated with any broker-dealer firm. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Saunders (CRD# 3060799).

Mark Saunders has spent 19 years in the securities industry and was most recently registered with Edward Jones in Monroe City, Missouri (1999-2018). He has no previous registrations. He has passed two securities industry examinations: Series 63 (Uniform Securities Agent State Law Examination), which he obtained on January 15, 1999, and Series 7 (General Securities Representative Examination), which he obtained on January 13, 1999. He is currently not registered with any state, firm or self-regulatory organization.

According to his BrokerCheck report, he has received one regulatory sanction and one customer complaint, and he was recently terminated from his former employer.

In March 2018 he was terminated from his position at Edward Jones in connection to allegations he made securities transactions without speaking to the client on the day the trades were made or that he made securities transactions without speaking to an authorized party.

In 2017 FINRA sanctioned him following allegations he made discretionary transactions without obtaining prior written authorization from the client or the firm’s written approval of the account as discretionary. He was issued a 15-day suspension and a fine of $5,000.

In 2015 a customer alleged Mark Saunders, while employed at Edward Jones, made unauthorized transactions involving mutual fund products and common and preferred stock. The complaint settled for more than $34,000.

If you have lost money investing with Mark Saunders, you may be entitled to recoup your losses. Call Fitapelli Kurta at 877-238-4175 for a free consultation. All cases are taken on a contingency basis, which means 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.

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