Peter Ianace, formerly with Merrill Lynch, Barred by FINRA
Have you lost money with financial advisor Peter Don Ianace? We are looking into allegations made about Peter V. Ianace from Frisco, Texas. FINRA (the Financial Industry Regulatory Authority) barred Ianace from the securities industry. FINRA alleged that Ianace has failed to respond to its investigation regarding allegations that he engaged in an undisclosed outside business activity.
Peter Ianace was a financial advisor and registered representative of Merrill Lynch from October 2011 to December 2019. He worked in a branch office in Frisco, Texas. Ianace has also been the subject of at least three customer complaints.
Brokerage firms like Merrill Lynch have a responsibility to adequately supervise all representatives who are registered through their firm. Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies. When brokerage firms fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers.
Israels & Neuman PLC is a securities and investment fraud law firm with offices in Denver, Colorado; Seattle, Washington; Ann Arbor, Michigan; and Phoenix, Arizona. We represent investors in FINRA arbitration proceedings in all 50 states, including throughout Texas. Our attorneys have represented over one thousand investors against many brokerage firms in the past, including against Merrill Lynch.