Liliana Nunez (CRD #5793174) Has a Customer Dispute Disclosure on FINRA BrokerCheck

Liliana Nunez (CRD #5793174) is a broker with a customer dispute on FINRA BrokerCheck. We reviewed her BrokerCheck report on February 10, 2026. It reflects one pending customer dispute. If you invested with Liliana Nunez and have concerns, keep reading.

BrokerCheck link: BrokerCheck

BrokerCheck report: BrokerCheck Report (PDF)

Investor Disputes / Customer Complaints

Liliana Nunez’s FINRA BrokerCheck Report reflects one customer dispute disclosure. A summary of the dispute is below:

On December 13, 2025, a customer alleged that Nunez pressured them into repositioning into higher-risk investment products. The customer said the strategy was outside their goals and risk tolerance. The matter is pending.

FINRA BrokerCheck lists the product type as a unit investment trust. The report lists alleged damages of $0. It also says the firm cannot make a good-faith determination that the claim is under $5,000.

Rule Summary #1: FINRA Rule 2111 (Suitability)

FINRA Rule 2111 requires a reasonable basis for each recommendation. A broker should align a strategy with the customer’s profile. That profile includes objectives, risk tolerance, and financial ability. A complaint like this may raise questions about whether the recommendation fit those factors.

Rule Summary #2: FINRA Rule 2010 (Standards of Commercial Honor and Principles of Trade)

FINRA Rule 2010 requires high standards of commercial honor and just and equitable principles of trade. Pressure tactics and communications with customers can be central in disputes. The rule is often cited in cases involving conduct that is inconsistent with fair dealing.

Why This Matters to Investors (Regulation Best Interest)

Regulation Best Interest (Reg BI) is a U.S. securities regulation. It strengthens the standard of conduct that broker-dealers owe to retail investors. It applies when they recommend securities transactions or investment strategies. The U.S. Securities and Exchange Commission adopted Reg BI. It became effective on June 30, 2020. Reg BI aims to protect investors while preserving access to brokerage products and services.

Reg BI requires broker-dealers and financial advisors to act in a retail customer’s best interest at the time of a recommendation. They must not place their own financial or other interests ahead of the customer’s. This standard is higher than the older “suitability” rule. Suitability meant a recommendation only had to be appropriate. It did not have to be the best option or free of conflicts.

Reg BI has four key obligations:

Disclosure Obligation – Broker-dealers must disclose material facts about the relationship and the recommendation. This includes fees, the scope of services, and conflicts of interest.

Care Obligation – Broker-dealers must use reasonable diligence, care, and skill. They must consider costs, risks, and alternatives when making a recommendation.

Conflict of Interest Obligation – Firms must identify conflicts of interest. They must disclose them and mitigate or eliminate them. This includes conflicts that create incentives to favor one product over another.

Compliance Obligation – Firms must maintain policies and procedures. Those policies should be designed to ensure compliance with Reg BI as a whole.

Reg BI applies to each recommendation. It is not a continuous duty like the fiduciary standard for registered investment advisers. Even so, it narrows the gap. It puts more focus on costs, conflicts, and investor-focused decision-making.

Overall, Regulation Best Interest promotes transparency. It also aims to improve the quality of investment recommendations. It is designed to reinforce trust between retail investors and broker-dealers in the U.S. securities markets.

Background Information (from BrokerCheck)

Based on her FINRA BrokerCheck report, Liliana Nunez:

Is currently registered with Wells Fargo Advisors and Wells Fargo Clearing Services, LLC.

Has passed the Securities Industry Essentials (SIE) exam. Liliana Nunez has also passed Series 7 and Series 6. She has also passed Series 66 and Series 63.

Was previously registered with firms that include J.P. Morgan Securities LLC and Chase Investment Services Corp.

Kurta Law Can Help

If you have worked with Liliana Nunez and you have concerns about her activity, Kurta Law may be able to help you evaluate your legal options. To speak with Kurta Law, call (877) 600-0098 or email info@kurtalawfirm.com.

Helpful Resources: Unsuitable Investments | Securities Fraud Lawyers

For nearly 20 years, Kurta Law has advocated for investors and helped hold financial professionals accountable. Our firm represents clients nationwide in securities arbitration and related disputes. If you believe a broker or firm mishandled your account, an attorney can review the facts and explain possible next steps.