DAVID RICHARD REISER is currently employed as a Broker and/or Investment Adviser at MORGAN STANLEY located at 284 BELLEVUE AVENUE, 24TH FLOOR, NEWPORT, RI, 02840.
DAVID RICHARD REISER has worked at MORGAN STANLEY since June 01, 2009
Disclosure History
DAVID RICHARD REISER has 2 Disclosure Event(s).
Date: September 15, 2004 Category: Customer Dispute Allegations: CLIENT ALLEGES THAT "AGENT SHOULD NOT HAVE RECOMMENDED A VARIABLE LIFE OR ANNUITY PRODUCT" TO HIM AT HIS "AGE". ALLEGED DAMAGES: ESTIMATED TO EXCEED $5,000
Date: April 24, 2003 Category: Customer Dispute Allegations: CLIENT ALLEGES THAT VARIABLE LIFE INSURANCE POLICY WAS MISREPRESENTED AND WAS NOT A SUITABLE INVESTMENT FOR HIM. DAMAGES ESTIMATED TO EXCEED $5000. Broker Comment: [CUSTOMER'S] ALLEGATIONS HAVE NO MERIT. THIS INVESTMENT WAS SUITABLE. FURTHER, I DID NOT MISREPRESENT THE PRODUCT. I ADEQUATELY PROVIDED THE CLIENT WITH THE INVESTMENT AND INSURANCE OPTIONS OF THIS PRODUCT ALONG WITH AN ILLUSTRATION AND A PROSPECTUS PRIOR TO HIS PURCHASE. THE CLIENT ALSO RECEIVED 30-DAY FREE LOOK, DURING WHICH TIME HE COULD CANCEL THE PURCHASE AT NO COST. FURTHER, HE HAS OWNED THIS INVESTMENT FOR ALMOST THREE YEARS.
More Information
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