Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on August 21, 2017 indicate that New Mexico-based EK Riley Investments broker Calvin Willis was recently terminated from his former employer, Edward Jones, in connection to alleged rule violations. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Willis (CRD# 2827320).
Calvin Willis has spent 20 years in the securities industry and has been registered with EK Riley Investments in Albuquerque, New Mexico since May 2017. He was previously registered with Edward Jones in Albuquerque, New Mexico from 1997 to 2017. He has passed three securities industry examinations: Series 63 (Uniform Securities Agent State Law Examination); Series 7 (General Securities Representative Examination); and Series 24 (General Securities Principal Examination). He is a registered broker with 13 US states and territories: Arkansas, California, Colorado, Indiana, Maryland, New Jersey, New Mexico, New York, Pennsylvania, Utah, Virginia, Washington and Wisconsin.
According to his BrokerCheck report, Calvin Willis was recently terminated from his employer in connection to alleged rule violations.
In May 2017, he was terminated from his position at Edward Jones “for failing to follow firm policies prohibiting the use of time and price discretion in client accounts.” For reference, FINRA rules forbid brokers from “Purchasing or selling securities in a customer’s account without first contacting the customer and receiving the customer’s authorization to make the sale or purchase, unless the broker has received from the customer written discretionary authority to effect transactions in the account or the broker was given discretion as to price and time.”
If you have complaints regarding Calvin Willis, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be entitled to recoup your losses. All cases are taken on contingency: we only receive payment if and when you recover money. You may have a limited window to file your complaint, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.