Eric Tom (CRD #: 1890823), a broker registered with MML Investors, is facing allegations of unsuitable recommendations, according to his BrokerCheck record, accessed on December 28, 2020. Investors should know about the other settled disclosure on his record — keep reading for more information.
On November 9, 2020, a client alleged that Tom recommended investments that were contrary to his financial goals. Brokers should only recommend securities that are suitable to their clients, as required by FINRA Rule 2111. The client is seeking $100,000; the dispute is pending.
On August 19, 2015, a client alleged that Eric Tom misrepresented the features of a variable life insurance policy. The dispute settled for $135,951.44.
Eric Tom has also been involved in seven disputes that were denied by the firm. It’s important to note that firms can deny disputes without entering into arbitration or going through any type of adjudication.
Eric Tom has passed the Series 63 Uniform Securities Agent State Law Examination, the Securities Industry Essentials Examination, the Series 7 General Securities Representative Examination, and the Series 6 Investment Company Products / Variable Contracts Representative Examination. He is a registered broker in 16 states.
In Eric Tom’s 32 years of experience, he has worked for three firms:
- MML Investors Services (CRD #: 10409)
- Metropolitan Life Insurance Company (CRD #: 4095)
- MSI Financial Services (CRD #: 14251)
If Eric Tom 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 email@example.com for a free case consultation with a securities attorney.