Don Pittman: Advisor Fired by Edward Jones

Former Lubbock, Texas financial advisor Don Pittman (CRD# 7119777) was recently fired from his prior member firm in connection with alleged rule violations. Financial Industry Regulatory Authority records show that the former Edward Jones representative is not currently registered as a broker or an investment advisor.

Mr. Pittman’s BrokerCheck report discloses his termination from Edward Jones. Filed in February 2026, the disclosure states that he was fired in connection with allegations that he “did not adhere to Firm policies regarding Tax Advice and Outside Activities.”

Investors should be aware of FINRA Rule 2010, which states that registered representatives of FINRA member firms are required to “observe high standards of commercial honor and just and equitable principles of trade.” Various forms of unethical conduct, such as the failure to follow firm policies, may be considered violations of this rule, so long as the activities in question take place “in the conduct of [the member’s] business.” Brokers who fail to uphold FINRA Rule 2010 may be liable in the event of losses in the customer’s account.

Investors should know that FINRA Rule 3270 forbids brokers like Mr. Pittman from engaging in unapproved outside business activities. “No registered person may be an employee, independent contractor, sole proprietor, officer, director or partner of another person, or be compensated, or have the reasonable expectation of compensation, from any other person as a result of any business activity outside the scope of the relationship with his or her member firm,” the rule explains, “unless he or she has provided prior written notice to the member, in such form as specified by the member.” If brokers violate this FINRA rule, their firms may undertake disciplinary action against them, and/or their customers may pursue claims against them.

According to the Financial Industry Regulatory Authority, Don Pittman holds six years of securities industry experience. Most recently based in Lubbock, Texas, he was registered as a broker or an investment advisor with Edward Jones from 2019 until 2026. His credentials include the passage of three securities industry qualifying exams: the Securities Industry Essentials Examination, or SIE; the Uniform Combined State Law Examination, or Series 66; and the General Securities Representative Examination, or Series 7TO. He is not currently registered as a broker or an investment advisor. (Information current as of April 1, 2026.)

Carlson Law represents investors throughout the United States in claims against financial advisors and investment firms. If you or a loved one have suffered investment losses, please call us at 888-976-6111 or complete our contact form for a free and confidential consultation.