April 2020- McAllen, TX
The FINRA records of Ma Rosa Linan Abrego, a broker previously employed by Merrill Lynch, Pierce, Fenner & Smith, Incorporated disclose a regulatory event resulting in a termination from employment and a bar from the securities industry.
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 November 2019, Abrego was permanently barred from the securities industry by FINRA after she refused to appear for on-the-record testimony as requested by FINRA in connection with an investigations that she had engaged in misappropriation of client funds.
Abrego was employed with Merrill Lynch, Pierce, Fenner & Smith, Incorporated from March of 2012 until 6/2019 when she was discharged for allegations that she misappropriated client funds.
If you have problems in an account handled by Ma Rosa Linan Abrego, call for a no charge 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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