Last Updated: August 2025 — Clayton, MO
Here’s what you need to know about Clayton, MO, stockbroker James Eric Monken:
- Name: James Eric Monken
- CRD Number: 5765921
- Current Employer: Morgan Stanley
- Function: Stockbroker / Financial Advisor
- Previously Registered With: Morgan Keegan & Company, Inc. (Town and Country, MO; Memphis, TN)
- Primary Location: Clayton, MO
- Alias: Jimmy Monken
- Can Jimmy Monken be sued in FINRA arbitration? Yes
- Sanctioned by FINRA? No
- Pending Disputes: Two pending customer disputes. Damages sought exceed $750,000
If you’ve sustained damages from Mr. Monken, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With James Monken As Your Stockbroker?
Two pending customer disputes have been filed against James Eric Monken related to his conduct while employed at Morgan Stanley Smith Barney:
- Case #1: In FINRA arbitration (Case No. 23-02561), filed September 20, 2023, a Morgan Stanley customer claims that the trading strategy implemented in the client’s account between 2020 and 2022 was not in her best interest, alleging violations of suitability obligations under FINRA Rule 2111. The customer seeks damages of $750,000.
- Case #2: In FINRA arbitration (Case No. 23-02046), filed July 24, 2023, claimants allege that Monken misrepresented investments in a managed account and a non-broker-dealer affiliate product during 2021–2022. This dispute remains pending with damages currently unspecified.
Allegations of Broker Misconduct Against James Monken
- Unsuitable Investment Recommendations: Customers allege that the investment strategies and trading were not suitable for their investment objectives, in violation of FINRA Rule 2111, which mandates that brokers must have a reasonable basis to believe a recommended transaction or strategy is suitable for the customer.
- Misrepresentation
Firms Have a Duty to Supervise their Financial Advisors (FINRA Rules 3110 & 2090) Brokers and their firms have a duty to comply with the FINRA suitability rule which requires that they have a reasonable basis to believe that a recommendation is suitable for the customer.
FINRA Rule 2111- suitability -Regulation Best Interest
Recover Your Investment Losses Now With Rex Securities Law
Investigations of Other Morgan Stanley Brokers
If you have suffered investment losses in an account handled by James Eric Monken, contact us for a complimentary consultation with an experienced securities lawyer to learn how you may be able to recover damages through FINRA arbitration.
With offices in Boca Raton, FL, and Austin, TX, stockbroker fraud attorney Bob Rex provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers, financial advisors, and broker-dealers.
If you have questions about how your account has been handled, call (877) 224-3199 to speak with an experienced securities attorney at no cost to you.
Most cases are handled on a contingent fee basis, meaning that you do not pay legal fees unless we are successful.