Daniel Mann (CRD# 4592568), a broker and financial advisor in Las Vegas, has received a pending investor complaint alleging his...Read More
C. Steven Teixeira: Six-Figure Options Complaint Against UBS Rep
C. Steven Teixeira (CRD# 2390851), a New York City-based broker and investment adviser, has received a pending customer complaint alleging misconduct connected to an options investment offered by his member firm, UBS Financial Services. Records maintained by the Financial Industry Regulatory Authority (FINRA) reveal that the complaint alleges damages in the six figures.
The pending complaint listed on C. Steven Teixeira BrokerCheck report was filed in August 2019. It alleges “unsuitability and misrepresentation” connected to an options overlay investment strategy offered by UBS Financial Services, with a time frame of “2017-present.” The complaint seeks $800,000 in damages. Teixeira’s “Broker Statement” on the disclosure states that he was not named as a party to the arbitration and that he “acted in the best interests of the client at all times.”
Teixeira’s records also list a complaint filed in February 2016. The claimant alleged that C. Steven Teixeira, while a representative of Merrill Lynch, failed to follow instructions and omitted material facts regarding stock products. The complaint reached a settlement in 2017 of $37,500.
C. Steven Teixeira has been registered with UBS Financial Services in New York, New York since 2016. He is a part of the Teixeira Loughran Group within UBS, and is both a Certified Investment Management Analyst and a Chartered Retirement Planning Counselor. He was previously registered with Merrill Lynch in New York City, where he was registered as a broker from 1993 until 2016 and as an investment adviser from 2004 until 2016. He has passed six securities industry qualifying exams: the Uniform Combined State Law Examination, or Series 66; the Uniform Investment Adviser Law Examination, or Series 65; the Uniform Securities Agent State Law Examination, or Series 63; the Securities Industry Essentials Examination, or SIE; the Futures Managed Funds Examination, or Series 31; and the General Securities Representative Examination, or Series 7. His BrokerCheck report lists 31 state securities licenses. His self-regulatory organization (SRO) registrations include BOX Exchange LLC, Cboe Exchange, FINRA, NYSE American LLC, NYSE Arca Inc., Nasdaq ISE LLC, Nasdaq PHLX LLC, the Nasdaq Stock Market, and the New York Stock Exchange (Information current as of May 11, 2022.)
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