Financial Advisor Kelln Small Barred by FINRA After Allegations of Forgery

• November 8, 2024
• First Financial Securities

Kelln Beth Small (CRD#: 4370485) was a previously registered broker.

Broker’s History

She entered the securities industry in 2001 and previously worked with First Financial Securities of America, Inc.

Allegations of Misconduct

According to publicly available records released by the Financial Industry Regulatory Authority (FINRA), in October of 2024, without admitting or denying the findings, Small consented to the sanction and to the entry of findings that she refused to appear for on-the-record testimony requested by FINRA in connection to its investigation concerning Small’s alleged forgery and falsification of certain customers’ insurance documents. As a result, Respondent also consented to the imposition of the following sanction: a bar from associating with any FINRA member in all capacities.

For a copy of the FINRA Disciplinary Action Details, click here.

For a copy of Kelln Small’s FINRA BrokerCheck, click here.

We Help Investors Recover Investment Losses

FINRA regulations require that a customer’s written authorization is required before a broker-dealer can carry out transactions in the customer’s account. In addition, the broker-dealer’s member firm needs to approve the broker-dealer’s authorization. These measures are intended to protect the customer. Discretionary trading allows the broker-dealer to unilaterally decide to buy or sell securities at any price and not have to check with the client first. Exercising discretion without authorization can be costly to investors, and broker-dealers and their member firms, too.

In addition, to the extent a Financial Advisor converts client assets during the course and scope of his employment and/or registration with the brokerage firm, that brokerage firm may be held liable for any attendant losses.

The Wolper Law Firm represents investors nationwide in securities litigation and arbitration on a contingency fee basis. Matt Wolper, the Managing Principal of the Wolper Law Firm, is a trial lawyer who has handled hundreds of securities cases during his career involving a wide range of products, strategies and securities. Prior to representing investors, he was a partner with a national law firm, where he represented some of the largest banks and brokerage firms in the world in securities matters. We can be reached at (800) 931-8452 or by email at mwolper@wolperlawfirm.com.