Alex Williams (CRD# 2646185), a broker and investment adviser based in New York, has received a pending customer complaint. According...Read More
UBS Adviser Peter Rukeyser: Investor Alleges Unsuitable Options Strategy
Financial Industry Regulatory Authority (FINRA) records for New York City-based broker and investment adviser Peter Rukeyser (CRD# 2500523) show that he has received a pending customer complaint detailing allegations regarding an options strategy. The complaint connected to the UBS Financial Services representative alleges damages of $725,000.
The complaint listed on Rukeyser’s profile was filed in August 2019. It details alleged conduct that took place between January 2017 and the present, while he was employed by UBS Financial Services. It specifically alleges that recommendations connected to an options overlay strategy were unsuitable for the investor and misrepresented by the firm. The suitability of an investment for an investor depends on the investor’s goals, investment experience, net worth, age, income, and other factors. Allegations of misrepresentation generally hold that a broker or firm falsely represented material facts about a product, such as its risks, in a way that may have led investors to make unsuitable investments. The complaint, which remains pending, alleges damages of $725,000.
Peter Rukeyser has been registered with UBS Financial Services in New York, New York since 2009. He was previously registered with Morgan Stanley & Company in New York, New York, from 1995 until 2009. He has passed five securities industry qualifying examinations, including the National Commodity Futures Examination and the Securities Industry Essentials Examination. His BrokerCheck report lists 28 state securities licenses: Alaska, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Kentucky, Maryland, Massachusetts, Missouri, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Ohio, Pennsylvania, Rhode Island, Texas, Texas, Utah, Vermont, Virginia, and Washington. His self-regulatory organization (SRO) registrations include BOX Exchange LLC, Cboe Exchange, Inc., FINRA, NYSE American LLC, NYSE Arca, Inc., Nasdaq ISE, LLC, Nasdaq PHLX LLC, Nasdaq Stock Market, and the New York Stock Exchange. (Information current as of July 16, 2020.)