December 2018-Fort Worth, TX
According to publicly available records Edward O. Daniel , a stockbroker who is not currently registered and who was last registered with Wells Fargo Advisors, disclose a recent regulatory event resulting in a permanent bar from the securities industry and 8 prior customer disputes.
The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.
In 9/2018 Daniel was permanently barred by FINRA to resolve allegations that he failed to provide documents and information requested by FINRA during an investigation into whether he made unsuitable recommendations to purchase securities to firm customers.
In 1/2019 a former customer of Wells Fargo Advisors was paid $225,000 to resolve allegations that Daniel made unsuitable recommendations causing losses from 2011-2015.
Daniel was employed by Wells Fargo from 1/2009-9/2016.
If you have losses in an account in an account handled by Edward O. Daniel, contact us for a no charge consultation to learn how you may be able to recover damages from his employer through FINRA arbitration.
Rex Securities Law , with offices in Boca Raton, FL, and Austin, TX, provides representation to investorsnationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.
Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.
Florida-561 391 1900