Roxane Rose Allegedly Engaged in Unauthorized Trading

Roxane Rose (CRD #: 2722816), a broker registered with Merrill Lynch, Pierce, Fenner & Smith, is the subject of an investor dispute. This is according to her BrokerCheck record, accessed on August 4, 2025. Keep reading if you have questions regarding her alleged conduct. 

Investor Dispute

On April 3, 2025, an investor alleged that Roxane Rose engaged in unauthorized trading. The firm denied the dispute, but investors should know that firms can deny disputes without any external review. Investors can recover losses following a denial. 

Unauthorized Trading

FINRA Rule 3260 limits discretionary trading by brokers to pre-approved discretionary accounts. These accounts must be approved for discretionary trading by both the client and the firm. Discretionary trading that takes place in an account that has not been approved is unauthorized.

Background Information 

Roxane Rose 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 10 General Securities Sales Supervisor – General Module Examination 
• Series 9 General Securities Sales Supervisor – Options Module Examination 

She is a registered broker in 50 states, D.C., the Virgin Islands, and Puerto Rico. She is a registered investment adviser in New Mexico and Texas. 

Roxane Rose has registered with the following firms: 

• Merrill Lynch, Pierce, Fenner & Smith (CRD #: 7691) 
• Spyglass Trading L.P. (CRD #: 42225) 
• Smith Barney (CRD #: 7059) 

Kurta Law Can Help

If you worked with Roxane Rose and 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 that 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.