Faith Read Xenos Investigation
April 2022- Coral Gables, FL
According to publicly available records, Faith Read Xenos, a broker with MSEC and Mariner Wealth Advisors in Coral Gables, FL, discloses a customer complaint.
The Financial Industry 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 10/2021, FINRA case#21-02571 was filed by a customer of Mariner Wealth Advisors alleging over concentration of customers’ accounts beginning in July 2020 in a complex alternative mutual fund that was not suitable. The alleged damages are $346,000 and the case is still pending.
Xenos began working for MSEC/Mariner Wealth Advisors in July of 2019, before that time she with Singer Xenos Securities.
If you have questions about an account handled by Faith Read Xenos, call to speak with an experienced securities attorney. No charge for initial consultation.
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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