SHAHIDA ARUNIMA HOSSAIN is currently employed as a Broker and/or Investment Adviser at RBC CAPITAL MARKETS, LLC located at 500 WEST MADISON STREET, SUITE 2500, CHICAGO, IL, 60661-2573.
SHAHIDA ARUNIMA HOSSAIN has worked at RBC CAPITAL MARKETS, LLC since December 19, 2016
Disclosure History
SHAHIDA ARUNIMA HOSSAIN has 3 Disclosure Event(s).
Date: February 24, 2017 Category: Customer Dispute Allegations: Client alleges that he did not authorize the use of margin in his account and that the investments were too speculative for his conservative investment objective. (5/27/2009-2/10/2017) Settlement Amount: $25,000.00 Broker Comment: In light of the client's consent to use margin, I believe this complaint has no merit.
Date: February 07, 2017 Category: Customer Dispute Allegations: Client alleged his e-mailed instructions to liquidate his account were not followed. (5/18/2016-7/12/2016) Damage Amount Requested: $15,000.00 Broker Comment: I believe this complaint has no merit.
Date: December 19, 2016 Category: Employment Separation After Allegations Firm Name: WELLS FARGO ADVISORS Termination Type: Voluntary Resignation Allegations: Ms. Hossain voluntarily resigned from Wells Fargo Advisors after the Firm had initiated a review of verbal allegations from a client that Ms. Hossain accepted a loan from the client. The Firm was also reviewing whether Ms. Hossain used text messages to communicate with the client for business-related purposes. Broker Comment: I was unaware of any internal review during my employment with Wells Fargo and only became aware of it upon RBC notice of a requirement to update the U4 due to an amended U5 filed by Wells Fargo nearly 30 days after my voluntary resignation. I have not been informed of the details of the internal review or the results of any such review.
More Information
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