Close Menu
Free Consultation: 305-965-1373

Richard Reiss: Merrill Lynch Advisor Has 2 Pending Complaints

Richard Reiss, a Merrill Lynch financial advisor in Guaynabo, Puerto Rico, and Miami, Florida, has two pending complaints disclosed on his regulatory record. Both complaints are in the form of arbitrations pending with the Financial Industry Regulatory Authority.

On June 9, 2016, a customer alleged “unsuitable investment recommendations, excessive trading and misrepresentation and omission of material facts from May 2010 to May 2016” caused the customer $1,774,301.01 in damages.

On July 18, 2016, another customer alleged “unsuitable investment recommendations from July 2010 to July 2016” caused the customer $324,404.66 in damages. According to public records, both complaints relate to municipal debt.

Reiss has been in the securities industry for seven years. He began his career with Merrill Lynch in 2010.

If you were sold unsuitable investments, please call us at (305) 965-1373 for a free consultation.

Facebook Twitter LinkedIn Google Plus
Contact Us For A Free Case Evaluation
Latest Blog Posts
  • Nicolas Barrios – UBS Advisor Barred by Regulators & Fired by UBS

    Nicolas Barrios, former Winter Haven, Florida UBS branch manager and financial advisor has been barred by the Financial Industry Regulatory...

    Read More
  • Gary Pevey: Financial Advisor Suspended For 12 Months Relating to Woodbridge Notes

    Today the Financial Industry Regulatory Authority released a Letter of Acceptance, Waiver and Consent, suspending Sacramento-based financial advisor Gary Pevey...

    Read More
  • Paul Wishingrad: Beverly Hills UBS Financial Advisor Suspended

    Paul Wishingrad, a Beverly Hills-based financial advisor for UBS Financial Services, has been suspended for 15 days and fined $5,000...

    Read More
  • Joe Varghese: Prudential Financial Advisor Barred By Regulators

    Joe Varghese, a former Prudential financial advisor in Howard Beach, New York, has been barred for life by the Financial...

    Read More
  • Previous
  • Next