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Investor Alleges Fernando Lopez Did Not Act in Their Best Interest

May 27, 2022 General

Fernando Lopez (CRD #: 1655180), a broker registered with Merrill Lynch, Pierce, Fenner & Smith, was involved in a recent investor dispute, according to his BrokerCheck record, accessed on May 22, 2022. If you want to learn more about Fernando Lopez’s conduct as a broker, keep reading.

Investor Dispute

In a dispute filed on February 24, 2022, an investor alleged that Fernando Lopez did not act in their best interest. This dispute was denied by the firm.

However, investors should know that firms don't need to allow an external review before denying a dispute. Investors can still pursue FINRA arbitration and recover their losses following a denial.

Regulation Best Interest (Reg BI)

Regulation Best Interest (Reg BI) is a standard established by the SEC under the Securities Exchange Act. It requires, among other things, that investment advisers work in their investors’ best interests. 

Background Information

Fernando Lopez 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 7 - General Securities Representative Examination

Fernando Lopez is a registered broker in 22 states and a registered investment adviser in Texas.

Kurta Law Can Help

If you worked with Fernando Lopez 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.