Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Daniel Ray (Ray), previously associated with LPL Financial LLC, has at least one disclosable event. These events include one customer complaint, alleging that Ray recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a final customer complaint with a damage request of $160,000.00 on February 01, 2022.
Customer alleges that in 2016, representative made a recommendation that he invest in and hold a closed-end fund and a business development company that was unsuitable for the customer’s risk tolerance and investment objectives.