Last Updated: January 2025 (New York, NY)
Daniel Diaz Investigation Summary
Here’s what you need to know about New York, NY Stockbroker Daniel M. Diaz:
- Name: Daniel Matthew Diaz
- Current Employer: PHX Financial, Inc.
- Prior Employers:
- National Securities Corporation (2017–2019)
- Function: Stockbroker / Financial Advisor
- Aliases: Daniel Diaz
- Primary Location: New York, NY
- CRD Number: 6871968
- Can Daniel Diaz Be Sued in FINRA Arbitration: Yes
- Sanctioned by FINRA: No
- Pending Customer Dispute: Yes
If you’ve sustained damages from Mr. Diaz, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Daniel Diaz as Your Stockbroker?
Daniel Diaz is currently involved in a pending customer dispute related to allegations of unsuitable investment recommendations.
- Customer Dispute – Pending
- Date of Filing: August 8, 2024
- Allegations: The claimant alleges that between November 2020 and December 2024, Mr. Diaz recommended unsuitable private equity investments.
- FINRA Case Number: 24-01709
- Arbitration Venue: Dallas, TX
- Damages Sought: Compensatory damage amount not yet specified.
These allegations raise concerns regarding the suitability of Mr. Diaz’s investment recommendations.
Allegations of Broker Misconduct Against Daniel Diaz
A customer has alleged the following misconduct against Daniel Diaz:
- Unsuitable Investment Recommendations: Claims of inappropriate advice involving private equity investments, possibly violating FINRA Rule 2111 (Suitability Rule).
- Failure to Act in Client’s Best Interests: Alleged breaches of fiduciary duty by not adequately assessing the risk tolerance or investment goals of clients.
- Misrepresentation: Allegations that clients were not adequately informed of the risks associated with the recommended private equity products.
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
See this for information on our other investigations of PHX Financial brokers
If you have suffered investment losses in an account handled by Daniel M. Diaz, 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.