PLANO, TX–Carlos Rodriguez, formerly with UBS Financial Services, Barred from Securities Industry
Have you lost money with financial advisor Carlos Rodriguez of Plano, Texas? We are investigating allegations made by FINRA, the Financial Industry Regulatory Authority. FINRA barred Carlos Rodriguez after he failed to pay an arbitration award. Rodriguez has been the subject of several customer complaints, alleging unsuitable sales of options and Master Limited Partnerships in oil and gas companies. The options and Master Limited Partnerships lost significant money for investors.
Carlos Rodriguez was a financial advisor and registered representative of UBS Financial Services from March 2009 to July 2015. He worked at branch offices in Plano, Texas. Rodriguez has also been the subject of four customer complaints.
Brokerage firms like UBS Financial Services 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; Phoenix, Arizona; and Ann Arbor, Michigan. We represent investors in FINRA arbitration proceedings in all 50 states, including investors throughout Texas. Our attorneys have represented over one thousand investors against many brokerage firms in the past, including against UBS Financial Services.