Eunice Flores Allegedly Engaged in Unauthorized Trading

Eunice Flores (CRD #: 5481336), a broker registered with Merrill Lynch, Pierce, Fenner & Smith, allegedly engaged in unauthorized trading, according to her BrokerCheck record, accessed on April 22, 2022. Read on to learn more about Eunice Flores’s conduct as a broker.

Unauthorized Trading Allegation

On January 14, 2022, an investor alleged that Eunice Flores engaged in unauthorized trading in their account on February 28, 2020. This dispute was denied.

However, investors should be aware that firms can deny disputes without permitting an external review. Investors can still seek FINRA arbitration and attempt to recover their losses following a dispute.

FINRA Rule 3260

FINRA Rule 3260 prohibits brokers from performing trades in a client’s account without the investor’s explicit permission. Only in firm-approved discretionary accounts can brokers make trades without seeking investor permission. Investors must also approve discretionary trading in writing. 

Background Information

Eunice Flores 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
• Series 6 – Investment Company Products/Variable Contracts Representative Examination

Eunice Flores is a registered broker in 20 states as well as the District of Columbia and Puerto Rico. She is also a registered investment adviser in Texas.

She has also worked for Chase Investment Services (CRD#:25574).

Kurta Law Can Help

If you worked with Eunice Flores 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.