Kevin Cougle is Facing Allegations of Unauthorized Trading

Kevin Cougle (CRD #: 2251260), a previously registered broker with Cadaret, Grant & Co., is the subject of a sixth investor dispute. This is according to his BrokerCheck record, accessed on August 16, 2024. Keep reading if you have questions regarding his alleged conduct. 

Investor Allegations 

On June 27, 2024, an investor alleged that Kevin Cougle executed unauthorized transactions in two of her accounts. The investor is seeking $126,000. 

He is the subject of five older investor disputes that collectively settled for $232,802.68. 

Unauthorized Trading

FINRA Rule 3260 limits discretionary trading by brokers to pre-approved discretionary accounts. These accounts must be approved for discretionary trading by both the client and the firm. Discretionary trading that takes place in an account that has not been approved is unauthorized.

High Standards of Commercial Honor

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Unauthorized trading violates this rule. 

Background Information 

Kevin Cougle has passed the following exams: 

• Series 63 Uniform Securities Agent State Law Examination 
• Series 65 Uniform Investment Adviser Law Examination 
• SIE – Securities Industry Essentials Examination 
• Series 6 Investment Company Products/ Variable Contracts Representative Examination 
• Series 7 General Securities Representative Examination
• Series 26 Investment Company Products/Variable Contracts Principal Examination 
• Series 9 General Securities Sales Supervisor – Options Module Examination 

During his 21 years of experience, Kevin Cougle has registered with 11 firms. These are the five most recent: 

• Cadaret Grant & Co. (CRD #: 10641) 
• Pruco Securities (CRD #: 5685) 
• Cadaret, Grant & Co. (CRD #: 10641) 
• AllState Financial Services (CRD #: 18272) 
• Lincoln Financial Distributors (CRD #: 145) 

Kurta Law Can Help 

If you worked with Kevin Cougle and you 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.