William (Billy) Busch Investigation
December 2021 – Austin, TX
According to publicly available records William (Billy) D. Busch , a stockbroker who was previously registered with Morgan Stanley & Co. discloses the settlement of a customer suit.
The Financial Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.
In November 2016, a customer of Morgan Stanley filed FINRA case 16-03438 alleging that from 2010 to 2014, Busch misrepresented unsuitable investments in the client’s accounts. IN 4/2019 the customer was paid $250,000 to resolve the matter.
Busch was employed with Morgan Stanley & Co. from 6/2009-5/2019. He has been registered with Purshe Kaplan Sterling Investments since 4/2019. Busch discloses business affiliations with American Partners LLC, Americana Partners Planning Strategies and PKS Financial Investment.
If you have questions about account handled by William (Billy) Busch, contact us for a no charge consultation to learn about your legal options for recovery of losses.
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.
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