Alex Molina Allegedly Failed to Execute a Trade Correctly

Alex Molina (CRD #: 4227505), a broker registered with UBS Financial Services, is the subject of an investor allegation. This is according to a disclosure that appears on her BrokerCheck record, accessed on August 28, 2023. Keep reading for more details. 

On June 8, 2023, an investor alleged that Alex Molina did not execute a trade correctly. The investor sought $90,000 and the dispute settled for $55,303.47. 

FINRA Rule 2010

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Failing to execute a trade correctly may violate this rule. 

Previous Investor Dispute 

On January 26, 2022, an investor alleged that Alex Molina delayed the transfer of his account in order to provide an opportunity for a colleague. The client further alleged that in so doing, Alex Molina placed his colleague’s best interests ahead of his own, resulting in a loss. The dispute was denied, but investors should know that firms can deny disputes without any external review. Following a denial, investors may still be able to recover their funds via FINRA arbitration.

Background Information 

Alex Molina 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 31 Futures Managed Funds Examination 
• Series 7 General Securities Representative Examination 

She is a registered broker in 23 states and is a registered investment adviser in New York and Texas. 

Alex Molina has registered with the following firms: 

• UBS Financial Services (CRD #: 8174) 
• Merrill Lynch, Pierce, Fenner & Smith (CRD #: 7691) 
• Morgan Stanley DW (CRD #: 7556) 
• Spencer Clarke (CRD #: 41316) 

Kurta Law Can Help

If you worked with Alex Molina and have concerns about your investments, please contact us today at 877-600-0098 or info@kurtalawfirm.com for a free consultation.

For over 20 years, Kurta Law has advocated on behalf of investors who want 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.