Joseph Miecuna (CRD #: 1324225), a previously registered broker, was fired from his position at Morgan Stanley Wealth Management, according to his BrokerCheck record, accessed on December 16, 2020. There are two other disclosures on Miecuna’s record – details are provided below.
On July 1, 2020, Morgan Stanley terminated Joseph Miecuna following allegations that he loaned money from an elderly client without seeking approval from his firm. (There are only a few select circumstances under which the Financial Industry Regulatory Authority allows brokers to borrow money from clients.)
On March 16, 2020, a client alleged that Joseph Miecuna alleged unsuitable investment recommendations. The dispute is pending.
On March 7, 2002, a client alleged that Mr. Miecuna recommended unsuitable investments and churned the account. The client sought $50,000, but the dispute was denied by the firm. Firms can deny claims without facing arbitration.
Joseph Miecuna has passed the Series 63 Uniform Securities Agent State Law Examination, the Securities Industry Essentials Examination, and the Series 7 General Securities Representative Examination. He is not currently registered as a broker or investment adviser in any state.
Joseph Miecuna has 35 years of experience in the securities industry. He has worked at four firms:
- Morgan Stanley (CRD #: 149777)
- CitiGroup Global Market (CRD #: 7059)
- Lehman Brothers Inc. (CRD #: 7506)
- Merrill Lynch, Pierce, Fenner & Smith (CRD #: 7691)
If Joseph Miecuna was your broker and you have questions about your investments, don’t hesitate to contact the securities attorneys of Fitapelli Kurta. Call (877) 238-4175 or email firstname.lastname@example.org for a free case consultation with a securities attorney.