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Ken Riney Allegedly Failed to Comply with Firm Policies

Ken Riney (CRD #: 1802870) has been fired by Raymond James Financial Services. This disclosure appears on his BrokerCheck record, accessed on July 11, 2024. Keep reading if you have questions regarding his alleged conduct. 

Employment Separation After Allegations 

On June 6, 2024, Raymond James fired Ken Riney following allegations that he failed to comply with firm policies regarding the use of approved messaging platforms, and failed to cooperate in a related internal review. 

Failure to Supervise 3110

FINRA Rule 3110 requires that firms establish systems of supervision to maintain their compliance with securities regulations. This includes appointing supervisors and providing them with Written Supervisory Procedures (WSPs). To review communications and ensure compliance, firms require brokers to use approved messaging platforms. 

Background Information 

Ken Riney has passed the following exams: 

  • Series 63 Uniform Securities Agent State Law Examination 
  • SIE – Securities Industry Essentials Examination
  • Series 7 General Securities Representative Examination  

He is also a registered broker with the following firms:

  • Raymond James Financial Services (CRD #: 6694) 
  • Wells Fargo Clearing Services (CRD #: 19616) 
  • A.G. Edwards & Sons (CRD #: 4) 
  • Robert W. Baird & Co. Incorporated (CRD #: 8158)
  • JJB Hilliard W.L. Lyons (CRD #: 453) 

Kurta Law Can Help 

If you have worked with Ken Riney and have concerns about your investments, do not hesitate to contact us at 877-600-0098 or email info@kurtalawfirm.com for a free consultation. 

For nearly 20 years, Kurta Law has advocated for investors to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm that exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf. Do not let securities fraud go unchecked. Start your recovery process today.

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