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Nick Williams: Investor Alleged $100,000 Losses Following Unsuitable Use of Leverage

Nick Williams (CRD #: 5795520), a broker registered with MML Investors, is involved in an investor dispute, according to his BrokerCheck record, accessed on July 26, 2021.

On June 7, 2021, an investor alleged that she gave the proceeds of the sale of her business to Nick Williams and does not know what happened to her money. She alleges that there are triple-leveraged positions in her account. Leveraged positions take on debt in order to expose the investor to more of the market. This strategy also poses a huge amount of risk to the investor. The investor further alleged that Nick Williams sold her an unsuitable life insurance policy and misled her for the sake of earning commissions. The investor is seeking $100,000; the dispute is pending.

Nick Williams Background Information

Williams has passed the following exams:

  • Series 65 Uniform Investment Adviser Law Examination
  • Series 63 Uniform Securities Agent State Law Examination
  • Securities Industry Essentials Examination
  • Series 6 Investment Company Products / Variable Contracts Representative Examination

He is a registered broker in seven states and a registered investment adviser in Indiana.

During his decade in the securities industry, Nick Williams has registered only registered with one firm: MML Investors Services (CRD #: 10409)

Kurta Law Can Help

If you worked with Nick Williams and you have concerns about your investments, contact Kurta Law today. Call 212-658-1502 or email jkurta@kurtalawfirm.com.

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