FINRA Sanctions Ex-Morgan Stanley Rep Jason Beem

Jason BeemPublicly available records published by the Financial Industry Regulatory Authority (FINRA) and accessed on September 13, 2018 indicate that former Kentucky-based Morgan Stanley broker/adviser Jason Beem was recently sanctioned by FINRA in connection to alleged rule violations and suspended from acting as a broker. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Beem (CRD# 3083143).

Jason Beem has spent nineteen years in the securities industry and was most recently registered with Morgan Stanley in Louisville, Kentucky (2011-2018). He was previously registered with UBS Financial Services in Louisville, Kentucky (1998-2011). He has passed four securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination), which he obtained on September 15, 1998; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on September 1, 1998; Series 31 (Futures Managed Funds Examination), which he obtained on March 31, 2006; and Series 7 (General Securities Representative Examination), which he obtained on August 25, 1998. He is currently not registered with any state or firm.

According to his BrokerCheck report, he has received one regulatory sanction and one denied customer complaint.

In August 2018 FINRA sanctioned Jason Beem in connection to allegations he failed to comply with an arbitration award or settlement agreement, or to satisfactorily respond to a FINRA request for information regarding such. He was issued an indefinite suspension that began on August 15th and will continue “until required payment is made or discharged.”

In 2013 a customer alleged Jason Beem, while employed at Morgan Stanley Smith Barney, moved funds between accounts without authorization and concentrated funds in four positions. The customer sought $1,000,000 in damages in the complaint, which was denied.

If you or someone you know has lost money investing with Jason Beem, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup your losses. Fitapelli Kurta accepts all cases on a contingency basis: we only get paid if and when you collect money. Time to file your claim may be limited, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.