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Alec Rivera Permanently Barred by FINRA

Alec RiveraPublicly available records provided by the Financial Industry Regulatory Authority (FINRA) on October 21, 2016 indicate that former Chicago, Illinois-based Merrill Lynch broker Alec Rivera has been permanently barred by FINRA from acting as a broker or otherwise associating with firms that sell securities to the public. The securities and investment fraud law firm Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Rivera (CRD# 5514922).

Alec Rivera has spent five years in the securities industry and was most recently registered with Merrill Lynch in Chicago, Illinois. He has passed two securities exams: Series 7 (General Securities Representative Examination) and Series 66 (Uniform Combined State Law Examination). Mr. Rivera has no previous registrations. He is currently not registered with any state or firm.

According to his BrokerCheck report, Alec Rivera has received one FINRA sanction. He was also terminated from his position Merrill Lynch.

In November 2013 FINRA sanctioned Alec Rivera following allegations he failed to respond to a FINRA request for information. He was permanently barred from acting as a broker or otherwise associating with firms that sell securities to the public.

In October 2013 Alec Rivera was terminated from his position at Merrill Lynch in Chicago, Illinois following allegations of “misappropriation of customer funds and falsification of customer account documents.”

If you have lost money investing with or have complaints regarding Alec Rivera, call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 without delay. You may be entitled to recoup your losses. We accept all cases on a contingency basis: that is, Fitapelli Kurta only gets paid if and when you collect money. Time to file your claim may be limited, so we recommend you avoid delay. Call 877-238-4175 now to speak to an attorney for free.