Alan Katz Allegedly Did Not Handle Account in Investor’s Best Interest

Alan Katz (CRD #: 834107), a broker registered with UBS Financial Services, is the subject of an investor dispute. This is according to his BrokerCheck record, accessed on May 29, 2024. Keep reading if you have questions regarding his alleged conduct. 

Investor Allegations 

On March 11, 2024, an investor alleged that Alan Katz did not handle her account in her best interest. 

Regulation Best Interest

Regulation Best Interest (Reg-BI) is an SEC regulation that requires brokerage firms to put their clients’ best interests first. For example, firms must conduct reasonable due diligence when researching investments to ensure their recommendations are suitable for the investor.

High Standards of Commercial Honor 

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Violations of Regulation Best Interest also violate this rule. 

Background Information 

Alan Katz has passed the following exams: 

• Series 65 Uniform Investment Adviser Law Examination 
• Series 63 Uniform Securities Agent State Law Examination 
• SIE – Securities Industry Essentials Examination 
• Series 15 Foreign Currency Options Examination 
• Series 5 Interest Rate Options Examination 
• PC Amex Put and Call Exam
• Series 7 General Securities Representative Examination 

He is a registered broker in 33 states and D.C. He is a registered investment adviser in Florida, New York, and Texas. 

Alan Katz has registered with the following firms: 

• UBS Financial Services (CRD #: 8174) 
• Merrill Lynch, Pierce, Fenner & Smith (CRD #: 7691) 
• Merrill Lynch, Pierce, Fenner & Smith, Inc (CRD #: 572) 

Kurta Law Can Help 

If you have worked with Alan Katz and have concerns about your investments, do not hesitate to contact us at 877-600-0098 or email info@kurtalawfirm.com for a free consultation. 

For nearly 20 years, Kurta Law has advocated for investors to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm that exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf. Do not let securities fraud go unchecked. Start your recovery process today.