Were you the victim of former UBS Financial Services Inc. Michael Rosenbach (CRD# 6497350)?
He was registered with UBS Financial Services Inc. in Tampa, Florida, from 2021 to 2023, when he was terminated regarding, “employee discharged after violating firm policies by failing to escalate the receipt of material non-public information, violating the firm’s order entry policy, failing to disclose all external obas, and using unapproved personal devices to communicate with a client.”
Previously, he was registered with Merrill Lynch, Pierce, Fenner & Smith Incorporated in Tampa, Florida, from 2015 to 2021.
To date, he has not been the subject of any customer complaints, but the terms of his termination might indicate that he engaged in outside business activities that were not approved by his member firm, a practice also known as selling away.
Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, UBS Financial Services Inc. may be liable for investment or other losses suffered by Michael Rosenbach’s customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If you have experienced investment losses, please call us at 888-840-1571 or complete our contact form for a free consultation. Erez Law is a nationally recognized law firm representing individuals, trusts, corporations and institutions in claims against brokerage firms, banks and insurance companies on a contingency fee basis.
"*" indicates required fields
