Jeffrey Blutstein Broker Investigation

Financial Advisor Jeffrey Blutstein & Kestra Investment Services

Are you concerned about your investments with Jeffrey Blutstein of Elmsford, New York? If so, the securities attorneys at the White Law Group may be able to help you.

According to a Letter of Acceptance Waiver and Consent, the Financial Industry Regulatory Authority (FINRA) has reportedly barred former Kestra financial advisor, Jeffrey Blutstein from associating with any FINRA member at any time.

Jeffrey Blutstein allegedly refused to provide documents and information requested by FINRA during the regulator’s investigation into whether he may have purportedly engaged in undisclosed outside business activities while associated with a member firm.

According to his FINRA BrokerCheck report, Jeffrey Blutstein was reportedly registered with Kestra Investment Services in Elmsford, NY from June 2007 until he was allegedly discharged in March 2018 for “failure to follow firm policy.”

Outside Business Activities

The White Law Group is investigating the liability that Jeffrey Blutstein’s former employers may have for his actions in regards to his alleged outside business activities.

When a FINRA registered representative conducts business outside the scope of the brokerage firm where they are registered, the act can be considered “selling away.”

Some brokers, looking to supplement their income, will go outside the traditional market, trying to find other products to push.

If a registered broker “sells away” from their firm, the brokerage firm may still be liable for negligent supervision of their broker representative and may be responsible for investment losses in a FINRA dispute resolution claim.

If you have invested with Jeffrey Blutstein and are concerned about your investments, the securities attorneys at The White Law Group may be able to help you. For a free consultation with a securities attorney, please call our offices at 888-637-5510.

The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Franklin, Tennessee.

For more information on The White Law Group, please visit our website at https://whitesecuritieslaw.com.

[maxbutton id=”1″ ]