Close Menu
Free Consultation: 888-976-6111

Matt Kerby: Edward Jones Advisor Barred By Regulators

Matt (Matthew) Kerby, formerly a financial advisor with Edward Jones in Paoli, Illinois, has been barred by the Financial Industry Regulatory Authority (FINRA), which is the regulator that oversees financial advisors. On November 9, 2017, it was reported that Edward Jones discharged Kerby for “misuse of client funds for his own benefit.”

FINRA alleges that it began an investigation of Kerby relating to the allegations that he misused client funds, sent him a letter to provide documents and information, and Kerby refused to comply with FINRA’s request. According to FINRA, this is a violation of FINRA Rules 8210 and 2010.

Kerby agreed to the bar by signing a Letter of Acceptance, Waiver, and Consent with FINRA, which is essentially a settlement agreement. You can view the Letter by clicking here.

If a financial advisor has misused your funds, please call us at 888-976-6111 for a free consultation.

Facebook Twitter LinkedIn
Contact Us For A Free Case Evaluation
Latest Blog Posts
  • Sam Aziz: FINRA Bars Ohio David A. Noyes Advisor

    A disciplinary action taken by the Financial Industry Regulatory Authority against former Dublin, Ohio broker and investment advisor Sam Aziz...

    Read More
  • Ed Matthes: FINRA Bars Wisconsin Mutual of Omaha Advisor

    A disciplinary action taken by the Financial Industry Regulatory Authority against former Oconomowoc, Wisconsin broker and investment advisor Ed Matthes...

    Read More
  • Dennis Hayes: Former Boca Raton Newbridge Advisor Barred by FINRA

    A disciplinary action taken by the Financial Industry Regulatory Authority against former Boca Raton, Florida and Melville, New York broker...

    Read More
  • Judith Johnston: Former NYLife Broker Barred; Variable Annuity Complaints

    A disciplinary action taken by the Financial Industry Regulatory Authority against former Frisco, Texas broker Judith Johnston (CRD# 5532549) barred...

    Read More
  • Previous
  • Next