Last Updated: June 2025 (Austin, Texas)
William Moening Investigation Summary
Here’s what you need to know about Austin, TX, stockbroker William Moening:
- Name: Mr. William Randall Moening
- Current Employer: Not currently registered with any FINRA broker dealer. Registered as an RIA with Aegis Capital Corp. as of 5/1/2025.
- Previous Firms:RBC Capital Markets, Wells Fargo Clearing Services, Banc of America Investment Services
- Function: Stock Broker/ Financial Advisor/ Registered Investment Advisor
- Aliases: Randy Moening
- Primary Location: Austin, Texas
- CRD 3029155
- Can Randy Moening be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: No
- Discharged by a Prior Employer: Yes, twice.
- Highest Settlement or Award:$375,000
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With William Moening As Your Stockbroker?
In 9/2023 a customer of Wells Fargo Clearing Services was paid $375,000 to resolve allegations that Randy Moening made unsuitable and unauthorized investments that did not comply with the customer’s stated investment objectives and strategy. According to the customer Moening represented that investments were conservative liquid instruments, however they lost significant value and were subject to a contingent deferred sales charge.
Other Cases Involving Unauthorized Trading
Discretionary vs. Non-Discretionary Accounts
In 12/2023 Moening was discharged by Wells Fargo Clearing Services after he admitted to conducting business communications through technology that was not firm approved and failing to escalate a customer complaint timely.
In 3/2025 Moening was discharged again, by RBC Capital Markets who alleged that Moening violated the Electronic Communications Policy, the Licensing and Registration Policy ant the Company Code of Conduct.
Allegations of Broker Misconduct Against William Moening
A customer of Randy Moening alleged the following wrongdoing in connection with the handling of customer accounts:
- Misrepresented investments as being conservative and liquid
- Unauthorized Trading
- Unsuitable Recommendations that did not align with customer’s stated investment objectives and strategy
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
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.
Recover Your Investment Losses Now With Rex Securities Law
If you have suffered investment losses in an account handled by Randy Moening, 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.