RAFAEL DAVID RODRIGUEZ is currently employed as a Broker and/or Investment Adviser at UBS FINANCIAL SERVICES INCORPORATED OF PUERTO RICO located at 250 MUNOZ RIVERA AVENUE, SAN JUAN, PR, 00918.
RAFAEL DAVID RODRIGUEZ has worked at UBS FINANCIAL SERVICES INCORPORATED OF PUERTO RICO since July 21, 2008
Disclosure History
RAFAEL DAVID RODRIGUEZ has 5 Disclosure Event(s).
Date: March 26, 2018 Category: Customer Dispute Allegations: Time frame: 2008 - present Claimant alleges her investments in Puerto Rico closed-end funds and Puerto Rico Government Bonds were unsuitable, over concentrated, and misrepresented as safe investments. Damage Amount Requested: $575,000.00 Broker Comment: A Denied customer complaint evolved into Arbitration - as named in body.
Date: September 06, 2016 Category: Customer Dispute Allegations: Time frame: unspecifiedClaimants allege misrepresentations, unsuitability, and over concentration concerning their investments in closed-end funds and Puerto Rico municipal bonds. Damage Amount Requested: $6,780,000.00
Date: March 03, 2016 Category: Customer Dispute Allegations: Time Frame: unspecifiedClaimant alleges misrepresentations, unsuitability, and over concentration concerning her investments in closed-end funds. Damage Amount Requested: $800,291.99 Settlement Amount: $150,000.00
Date: September 25, 2015 Category: Customer Dispute Allegations: Time Frame: July 31, 2013 through Present Claimants allege unsuitable recommendations and misrepresentations in connection with their purchases of Puerto Rico closed-end municipal bond funds. Damage Amount Requested: $546,023.49
Date: June 27, 2014 Category: Customer Dispute Allegations: TIME FRAME: 2008-PRESENT. CLAIMANTS ALLEGE MISREPRESENTATIONS AND UNSUITABILITY IN CONNECTION WITH THEIR PURCHASES OF CLOSED-END BOND FUNDS, AND ALLEGE THEY WERE UNSUITABLY CONCENTRATED IN PREFERRED STOCK ISSUED BY TWO FINANCIAL SERVICES COMPANIES. Damage Amount Requested: $1,300,000.00 Settlement Amount: $60,000.00 Broker Comment: THESE ALLEGATIONS WILL BE PROVEN TO HAVE NO MERIT. I HAVE BEEN THE FINANCIAL ADVISOR FOR THIS CLIENT SINCE 1993. I HAVE DISCUSSED THE INVESTMENTS WITH THE CLIENT AND MET REGULARLY, SOMETIMES WEEKLY, WITH THE CLIENT. I DENY ALL THE ALLEGATIONS AND WILL SEEK TO CLEAR MY NAME AND RECORD.
More Information
All individuals registered to sell securities or provide investment advice are required to disclose customer complaints and arbitrations, regulatory actions, employment terminations, bankruptcy filings and criminal or civil judicial proceedings.
A disclosure includes information about customer disputes, disciplinary events and financial matters on the broker's record as reported by securities regulators, the individual broker, and any involved firms. Some of these items may involve pending actions or allegations that have not been resolved or proven. The presence of a disclosure does not automatically indicate any wrongdoing.
BrokerCheck is the source of the data included in this Report. The data was compiled on June 29, 2018.
To view the full report for RAFAEL DAVID RODRIGUEZ, click here.
The use of BrokerCheck data is subject to the BrokerCheck Terms of Use.
×
Outdated Information
If you discover any errors or outdated information on this Website, please contact us and we will promptly correct such errors or outdated information.
If BrokerCheck® is the source of such errors or outdated information, please contact FINRA at (301) 590-6500.
×
BrokerSearch Removal
Brokersearch.info will not fully remove items from this Website without an applicable court order designating them for removal. Investors rely on the information available on this Website to decide whether to choose or retain a broker or investment adviser.
Upon written request, we may remove certain page(s) from appearing in search engine results using the robots.txt protocol.
When a person searches for your name using Google, Bing, Yahoo! and other search engines the page(s) from Brokersearch.info would not appear in the search results.
Please contact us to learn more about Search Engine Removal.