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Alfonso Rioseco Allegedly Failed to Follow Client’s Instructions

Alfonso Rioseco (CRD #: 5969776), a broker registered with Morgan Stanley, allegedly failed to follow an investor’s instructions, according to his BrokerCheck record, accessed on October 9, 2020. Keep reading if you have questions about his conduct as a broker.

Investor Dispute

On July 21, 2022, an investor alleged that Alfonso Rioseco failed to follow their instructions to liquidate their account in April 2022. This dispute is pending.

FINRA Rule 2010

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade.

Background Information

Alfonso Rioseco has passed the following exams:

  • Series 66 – Uniform Combined State Law Examination
  • SIE – Securities Industry Essentials Examination
  • Series 7 – General Securities Representative Examination

Alfonso Rioseco is a registered broker in six states and a registered investment adviser in Texas.

He has also worked for Actinver Wealth Management (CRD#:146153) and Actinver Securities (CRD#:41139).

Kurta Law Can Help

If you worked with Alfonso Rioseco and you 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 and 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. 

 

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