Our firm is investigating Edward Jones financial advisor Sharon M. Mack (CRD# 7072645) of Seneca, South Carolina for potential investment-related misconduct.
Financial Advisor’s Career History
According to FINRA BrokerCheck, Sharon M. Mack has been registered with Edward Jones as a General Securities Representative since 03/30/2019 and as an Investment Adviser Representative since 04/24/2019, with a branch office listed in Seneca, South Carolina.
BrokerCheck lists her investment-related employment history as Financial Advisor at Edward Jones (02/2019 – Present).
Sharon M. Mack Fraud Allegations and Investor Complaints Explained
FINRA BrokerCheck reflects one customer dispute disclosure for Sharon M. Mack.
Customer Dispute (Customer Complaint) — Settled
A customer dispute reported as settled alleges that unauthorized trades resulted in tax liabilities and expenses. The disclosure lists the product type as Managed/Wrapped Accounts (In-House) and reports alleged damages of $16,969.00.
The complaint was received on 07/08/2021. The matter was not pending, and the status date is listed as 08/02/2021. The disclosure reports a settlement amount of $17,169.00, with an individual contribution amount of $1,716.90.
Disclosure summary (as reflected in BrokerCheck):
- Customer Dispute — Settled — Alleged unauthorized trades resulting in tax liabilities and expenses; product: Managed/Wrapped Accounts (In-House); alleged damages: $16,969.00; complaint received: 07/08/2021; status date: 08/02/2021; settlement: $17,169.00; individual contribution: $1,716.90.
To obtain a copy of Sharon M. Mack’s FINRA BrokerCheck report, visit this link.
Robert Wayne Pearce Is Committed to Recovering Your Investment Losses
FINRA Rule 3260 (Discretionary Accounts) is frequently analyzed when a customer alleges trades were placed without proper authorization. In an unauthorized-trading dispute, a core question is whether the representative exercised discretion (or effected transactions) without the required written authority, approvals, and supervision that should accompany discretionary trading or discretionary decision-making in a customer account.
FINRA Rule 2010 (Standards of Commercial Honor and Principles of Trade) is commonly implicated where a customer alleges a broker’s conduct—such as placing trades without consent—failed to meet fundamental standards of ethical conduct. When the alleged unauthorized activity results in tax liabilities and expenses, Rule 2010 is often discussed as the baseline conduct rule against which the trading behavior is evaluated.
FINRA Rule 3110 (Supervision) can be central when a complaint raises how the firm monitored and approved trading in managed or wrapped account programs. In an allegation of unauthorized trades, supervision analysis typically focuses on whether the firm’s supervisory system and reviews were reasonably designed to detect and prevent unauthorized activity (including exception reporting, approvals, and follow-up on client complaints).
The Law Offices of Robert Wayne Pearce, P.A. is a nationally recognized securities law firm representing investors in FINRA arbitration and securities fraud cases on a contingency fee basis. Robert Wayne Pearce, the founding attorney, has more than 45 years of experience recovering millions for victims of broker misconduct and investment fraud. He previously defended major brokerage firms and now uses that insight to protect investors nationwide. To discuss your case directly with Mr. Pearce, call (800) 732-2889 or email pearce@rwpearce.com for a free consultation.