Publicly available records published by the Financial Industry Regulatory Authority (FINRA) and accessed on February 27, 2018 indicate that former Texas-based Ameriprise Financial Services broker/adviser Steven Yellen, who has received a customer dispute, was discharged from a 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. Yellen (CRD# 1281663).
Steven Yellen has spent 33 years in the securities industry and was most recently registered with Ameriprise Financial Services in El Paso, Texas (2016-2018). Previous registrations include Morgan Stanley in El Paso, Texas (2009-2016); Morgan Stanley & Company in El Paso, Texas (2007-2009); and Morgan Stanley DW in El Paso, Texas (1984-2007). He has passed four securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), which he obtained on August 23, 1996; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on September 13, 1984; Series 3 (National Commodity Futures Examination), which he obtained on October 10, 1986; and Series 7 (General Securities Representative Examination), which he obtained on August 18, 1984. He is currently not registered with any state or firm.
According to his BrokerCheck report, he has received one customer complaint and was discharged from his former employer in connection to alleged rule violations.
In January 2018 he was terminated from his position at Ameriprise Financial Services in connection to allegations he violated company policies and procedures regarding options trades and outside business activities.
In 2013 a customer alleged Steven Yellen, while employed at Morgan Stanley Smith Barney, failed to follow instructions to transfer stocks “in-kind.” The complaint settled in 2015 for $5,000.
If you have lost money investing with Steven Yellen, you may be able to recover your losses. Call Fitapelli Kurta at 877-238-4175 for a free consultation. All cases are taken on a contingency basis: Fitapelli Kurta only gets paid if and when you collect funds. 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.