Debra Biosca is the Subject of a $34 Million Dispute

Debra Biosca (CRD #: 4584010), a broker registered with Arkadios Capital, is the subject of an investor dispute. This is according to her BrokerCheck record, accessed on April 23, 2024. Keep reading if you have questions regarding her alleged conduct. 

Investor Allegations 

On March 7, 2024, an investor alleged that Debra Biosca communicated with investors regarding an alleged scheme perpetuated by another former Triad registered representative. The investor is seeking $34 million. 

On February 29, 2024, an investor alleged that Debra Biosca recommended unsuitable investments. 

What is an Unsuitable Investment?

FINRA Rule 2111 requires brokers to evaluate whether an investment strategy fits their investor’s financial goals. Brokers must examine the investor’s profile, which contains the following investor characteristics:

• Age
• Risk tolerance
• Time horizon (i.e., how long the investor plans to hold the investment)
• Investing experience
• Tax status
• Financial goals

Investors who rely on brokers for recommendations may be able to recover losses from unsuitable investment recommendations by pursuing FINRA arbitration.

High Standards of Commercial Honor 

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Communicated with investors regarding an alleged scheme may violate this rule. 

Background Information 

Debra Biosca has passed the following exams: 

• Series 66 – Uniform Combined State Law Examination 
• Series 63 Uniform Securities Agent State Law Examination 
• SIE – Securities Industry Essentials Examination 
• Series 7 General Securities Representative Examination 

He is a registered broker in 27 states and is a registered investment adviser in Illinois. 

During his five years of experience, Debra Biosca registered with the following firms: 

• Arkadios Capital (CRD #: 282710) 
• Arkadios Wealth Advisors (CRD #: 288863) 
• Triad Advisors (CRD #: 25803) 

Kurta Law Can Help 

If you have worked with Debra Biosca 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.