Public records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on August 21, 2017 indicate that California-based Infinity Financial Services broker Robert Bulloch has been sanctioned by FINRA and censured in connection to alleged rule violations. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Bulloch (CRD# 2541075).
Robert Bulloch has spent 22 years in the securities industry and has been registered with Infinity Financial Services in Oakland, California since January 2017. Previous registrations include LPL Financial in Raleigh, North Carolina; Morgan Stanley Smith Barney in Raleigh, North Carolina; Morgan Stanley & Company in Raleigh, North Carolina; and Morgan Stanley DW in Raleigh, North Carolina. He has passed six securities industry examinations: Series 65 (Uniform Investment Adviser Law Examination); Series 63 (Uniform Securities Agent State Law Examination); Series 31 (Futures Managed Funds Examination); Series 7 (General Securities Representative Examination); Series 9 (General Securities Sales Supervisor – Options Module Examination); and Series 10 (General Securities Sales Supervisor – General Module Examination). He is a registered broker with eight US states: Alabama, California, Connecticut, Georgia, Maryland, North Carolina, Ohio, and Virginia.
According to his BrokerCheck report, he has been sanctioned by FINRA and was discharged from his former employer.
In May 2017 FINRA sanctioned him following allegations he “exercised discretion in the accounts of customers without having obtained prior written authorization from the customers to exercise discretion in their accounts, and without his member firm having approved the accounts for discretionary trading.” FINRA’s findings continue: “although Bulloch had discussed and agreed upon particular investment strategies with these customers, in some instances Bulloch exercised discretion and executed transactions in furtherance of those strategies without first speaking with the customers about the specific transactions.” He was censured and issued a fine of $10,000.
In October 2016, he was discharged from LPL Financial following allegations he violated firm policy regarding the exercise of discretion in client accounts.
If you or someone you know has complaints regarding Robert Bulloch, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be entitled to recover lost funds. All cases are taken on a contingency basis: we only receive payment if and when you collect money. Time to file your claim may be limited, so we suggest you avoid delay. Call 877-238-4175 now to speak to an attorney for free.