Victim of Financial Fraud? Call Now

Investors Seek Over $3 Million in Disputes with Peter Rukeyser

Jan 13, 2023 Misrepresentation

Peter Rukeyser (CRD #: 2500523), a broker registered with UBS Financial Services, is involved in two pending disputes, according to his BrokerCheck record, accessed on January 4, 2023. If you have questions about his alleged conduct as a broker, keep reading.

Investor Disputes

On October 19, 2022, multiple investors named Peter Rukeyser in allegations of misrepresentation and unsuitability with regard to recommendations to invest in and hold an options overlay strategy starting in approximately August 2017. The clients seek $3 million in this pending dispute.

Another pending dispute, filed on August 15, 2019, made similar allegations with a time period of January 2017 to the date of filing. The investor seeks $725,000 in damages.

FINRA Rule 2020

FINRA Rule 2020 prohibits the use of deception, manipulation, and other unethical means of influencing investors’ decisions. Misrepresenting an investment’s features, limitations, or requirements violates this rule.

FINRA Rule 2111

FINRA Rule 2111 requires that brokers tailor their investment recommendations to an investor’s profile, which describes the following characteristics: 

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

Investors who rely on brokers for investment recommendations can potentially recoup their losses by pursuing FINRA arbitration.

Background Information

Peter Rukeyser 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
  • Series 3 – National Commodity Futures Examination

Peter Rukeyser is a registered broker in 33 states, the District of Columbia, and Puerto Rico. He is also a registered investment adviser in Connecticut and Texas.

He has also worked for Morgan Stanley & Company (CRD#:8209).

Kurta Law Can Help

If you worked with Peter Rukeyser and you have concerns about your investments, please contact us today at 877-600-0098 or 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.