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Matthew Kutcher Allegedly Failed to Follow Instructions for Discretionary Account

Matthew Kutcher (CRD #: 2456469), a broker registered with Wells Fargo Clearing Services, allegedly failed to follow a client’s investment instructions, according to his BrokerCheck record, accessed on June 20, 2023. If you have questions about his alleged conduct as a broker, read on.

Investor Dispute

On April 24, 2023, an investor filed a dispute alleging that Matthew Kutcher failed to follow instructions to only invest in money market funds and Treasury securities in a discretionary account between February 10, 2021, and the date of filing. This dispute is currently pending.

FINRA Rule 2010

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Violations of many other rules may also qualify as violations of FINRA Rule 2010.

Background Information

Matthew Kutcher has passed the following exams:

  • Series 65 – Uniform Investment Adviser Law Examination
  • Series 63 – Uniform Securities Agent State Law Examination
  • SIE – Securities Industry Essentials Examination
  • Series 7 – General Securities Representative Examination

Matthew Kutcher is a registered broker in 28 states as well as the District of Columbia and Puerto Rico. He is also a registered investment adviser in Florida and Texas.

He has also worked for the following firms:

  • J.P. Morgan Securities (CRD#:79)
  • Credit Suisse Securities (USA) (CRD#:816)
  • Citigroup Global Markets (CRD#:7059)
  • Citicorp Investment Services (CRD#:23988)
  • J.P. Morgan Securities (CRD#:18718)
  • J.P. Morgan Securities (CRD#:15733)

Kurta Law Can Help

If you worked with Matthew Kutcher and you have concerns about your investments, please contact us today at 877-600-0098 or info@kurtalawfirm.com for a free consultation.

For over 20 years, Kurta Law has advocated on behalf of investors who want to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm and 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. 

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