January 15, 2016-Boca Raton, FL
Morissa F. Rivo, formerly a broker with Signator Investors, entered into a Letter of Acceptance Waiver and Consent (AWC) with the Financial Industry Regulatory Authority (FINRA) to resolve allegations that she failed to appear for on the record testimony in a FINRA investigation.
AWC No. 2014041961001
Rivo was permanently barred from association with any FINRA member in all capacities.
FINRA records disclose that Rivo was registered with Signator Investors from 2/2014-5/2015 when she was discharged for failure to adhere to firm policies and procedures. Prior to that she was registered with MetLife Securities from 6/2006-11/2013 when she was discharged for not following company policy with respect to customer signatures on account documents.
Rivo is currently named on a customer dispute in which the customer alleges that “he was tricked into exchanging a variable annuity”. In 7/2015, she settled another customer case for $68, 027. That customer alleged that policy recommendations were unsuitable.
If you suffered losses in an account handled by Rivo, you may be able to recover damages from her former employer.
Rex Securities Law , with offices in Boca Raton, FL, and Austin, TX, provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.
Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.
Florida-561 391 1900