William Joseph Garity Medina (CRD #2744961) Has a Customer Dispute Disclosure onFINRA BrokerCheck
William Joseph Garity Medina (CRD #2744961) is a broker with a customer dispute disclosure on FINRA BrokerCheck. We reviewed his BrokerCheck report on March 26, 2026. It reflects one customer dispute. If you invested with William Medina and have concerns, keep reading.
BrokerCheck link: BrokerCheck
BrokerCheck report: BrokerCheck Report (PDF)
Investor Disputes / Customer Complaints
William Medina’s FINRA BrokerCheck Report reflects one customer dispute disclosure. A summary of the dispute is below:
On December 22, 2025, a customer alleged William Medina colluded with the customer’s ex-wife to drain an account through unauthorized transfers of funds. William Medina’s FINRA BrokerCheck report lists UBS Financial Services Inc. as the employing firm, shows no product, and states the damages were estimated to exceed $5,000. FINRA BrokerCheck shows the matter was denied with a status date of February 9, 2026. Medina’s broker statement says the account was corporate, the ex-wife was a joint signor, and corporate records gave her full authority to make the transactions.
Rule Summary #1: FINRA Rule 2150 (Improper Use of Customers’ Securities or Funds)
FINRA Rule 2150 bars brokers from making improper use of a customer’s securities or funds. A dispute over unauthorized transfers can raise questions about whether customer money was handled with proper authority and controls.
Rule Summary #2: FINRA Rule 2010 (Standards of Commercial Honor and Principles of Trade)
FINRA Rule 2010 requires brokers and firms to observe high standards of commercial honor and just and equitable principles of trade. Disputes about account authority and fund movement can implicate this rule when the reported conduct suggests unfair or improper handling.
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:
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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.
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Care Obligation – Broker-dealers must use reasonable diligence, care, and skill. They must consider costs, risks, and alternatives when making a recommendation.
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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.
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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 his FINRA BrokerCheck report, William Medina:
Is currently registered with UBS Financial Services Inc.
Has passed the Securities Industry Essentials (SIE) exam. William Medina has also passed Series 3 and Series 7. He has passed Series 66, Series 65, and Series 63.
Was previously registered with firms that include UBS Financial Services Incorporated of Puerto Rico and Samuel A Ramirez & Co., Inc.
Kurta Law Can Help
If you have worked with William Medina and you have concerns about his activity, Kurta Law may be able to help you evaluate your legal options. You can read more about potential claims and investor protections in the helpful resources below. To speak with Kurta Law, call 877-600-0098 or email info@kurtalawfirm.com.
Helpful resources: Unauthorized Trading | Securities Attorney
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.