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Stacy Spearman: ETF Complaint Against Renasant Financial Advisor
An investor complaint against Tupelo, Mississippi financial advisor Stacy Spearman (CRD# 3158108) alleges misconduct relating to an exchange-traded fund investment. Records provided by the Financial Industry Regulatory Authority show that she is a broker and an investment advisor with LPL Financial, doing business as Renasant Financial Services.
Mr. Spearman’s BrokerCheck report discloses one investor complaint. Filed in June 2023, it alleges that as a representative of LPL Financial, she “made suspicious trades and transfers to accounts that do not belong to [the] customer.” (More information about FINRA Rule 2111, which requires brokers to “have a reasonable basis to believe that a recommended transaction or investment strategy” is suitable for the customer they’re recommending it to, is available here. ) The pending complaint, which relates to ETF investments, alleges unspecified damages.
According to the Financial Industry Regulatory Authority, Stacy Spearman holds 24 years of securities industry experience. Based in Tupelo, Mississippi, she has been a broker and an investment advisor with LPL Financial since 2007 and 2014, respectively, doing business as Renasant Financial Services. She is also registered with the firm’s offices in Ridgeland, Calhoun City, New Albany, Verona, Columbus, and Canton, Mississippi. Her registration history includes PFIC Securities Corporation (Tupelo, Mississippi; 2000-2007), MetLife Securities (Springfield, Massachusetts; 1998-2000), and Metropolitan Life Insurance Company (New York, New York; 1998-2000). Her credentials include the passage of five securities industry qualifying exams: the Investment Company Products/Variable Contracts Representative Examination, or Series 6; the General Securities Representative Examination, or Series 7; the Securities Industry Essentials Examination, or SIE; the Uniform Securities Agent State Law Examination, or Series 63; and the Uniform Combined State Law Examination, or Series 66. She is licensed in Alabama, California, Florida, Georgia, Louisiana, Maryland, Michigan, Mississippi, New Jersey, New York, Ohio, Oklahoma, South Carolina, Tennessee, Texas, and Virginia. (Information current as of June 18, 2023.)
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.