Joe Treece, formerly of Raymond James & Associates, Subject of Oklahoma Securities Commission Action
Have you lost money with financial advisor Joe Treece of Rogers, Arkansas? We are investigating allegations made by the Arkansas Securities Department and Oklahoma Securities Commission against Joe Don Treece. Arkansas barred Treece after he allegedly borrowed money from customers, in violation of Arkansas securities regulations and in violation of his former brokerage firms’ internal policies, including those of Raymond James & Associates and Arvest Wealth Management.
The Oklahoma Securities Commission similarly alleged that Joe Don Treece failed to disclose these loans to his former brokerage firms.
Joe Treece was a financial advisor and registered representative of Raymond James & Associates from August 2011 to June 2013. He also worked with Arvest Wealth Management from June 2013 to December 2015 and with Morgan Stanley from June 2009 to September 2011. He worked at branch offices in Rogers and Bentonville, Arkansas. Treece has one customer complaint on his record, alleging that he made unauthorized withdrawals from a customer’s variable annuity.
Brokerage firms like Raymond James & Associates, Arvest Wealth Management, and Morgan Stanley have a responsibility to adequately supervise all representatives who are registered through their firm. Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies. When brokerage firms fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers.
Israels & Neuman PLC is a securities and investment fraud law firm with offices in Denver, Colorado and the Seattle area. We represent investors in FINRA arbitration proceedings in all 50 states, including investors throughout Arkansas. Our attorneys have represented over one thousand investors against many brokerage firms in the past, including against Raymond James & Associates and Morgan Stanley.
Click to view: Treece, Joe Arkansas Order (1)
Click to view: Treece, Joe Oklahoma Complaint
Click to view: Treece, Joe BrokerCheck 2.13.17 (1)
IF YOU LOST MONEY WITH JOE TREECE, RAYMOND JAMES & ASSOCIATES, ARVEST WEALTH MANAGEMENT, OR MORGAN STANLEY, PLEASE CONTACT US AT (720) 599-3505 FOR A FREE EVALUATION OF YOUR CASE.
Israels & Neuman, PLC is a private law firm and is not affiliated with any government or law enforcement agency. Any investigation referenced in this blog is independent in nature and is being conducted by our law firm privately, not in conjunction with any government or law enforcement agency. All information contained in this blog should be deemed statements of opinion derived from the author’s review of public records, not statements of fact. This blog is advertising material and does not create an attorney client relationship, nor does it constitute legal advice. Everyone’s situation is different and the question of whether or not you have a claim will vary on a case-by-case basis. In contingent representation, clients may still be liable for costs.