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
protected by reCAPTCHA Privacy - Terms
Latest Blog Posts
  • Juan Sosa: FINRA Bars Ex-SagePoint Advisor Over Conversion Allegations

    Former Studio City, California financial advisor Juan Sosa (CRD# 4059846) has been barred in connection with allegations that he converted...

    Read More
  • Joe Cucinotta: FINRA Suspends Independent Financial Advisor

    Radnor, Pennsylvania financial advisor Joe Cucinotta (CRD# 3272604) was recently suspended in connection with allegations that he falsified customer signatures....

    Read More
  • Robert Omohundro: LCORE Advisor Lands Suitability Complaint

    Atlanta financial advisor Robert Omohundro (CRD# 2415942) has received multiple investor complaints alleging that he recommended unsuitable investments, resulting in...

    Read More
  • Lucy Cueller: Suitability Complaint Against Northpoint Advisor

    Warrenville, Illinois financial advisor Lucy Cueller (CRD# 3089802) recently received an investor complaint alleging that she made unsuitable investment recommendations....

    Read More
  • Previous
  • Next