http://www.sec.gov/
1) 11/06/2007 $5,000.00
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2)February 14, 2012 Happy Valentines Day
Amount: $312,470.36
Complaint was filed in 2010
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3)On December 17, 1982 Robert A. Maiocco FAILED his Series 63 (NASAA) Financial exam. |
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WHY DID THE PRESS NOT INVESTIGATE THE COMPLAINT ON MAIOCCO BEFORE THE 2011 ELECTION?
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THE 2013 ELECTION WILL NOTE THAT A YEAR AGO MAIOCCO HAD TO PAY OUT OVER THREE HUNDRED GRAND!
Another agency has three complaints!
Alleged Damages: $9,903.00
Date Complaint Received: 05/21/2007
Disposition Date: 11/06/2007
Monetary Compensation Amount: $5,000.00
Allegations:
WACHOVIA SECURITIES, LLC
73 YEAR OLD OREGON RESIDENT ALLEGES THAT FA ROBERT MAIOCCO MADE RECOMMENDATIONS THAT CAUSED LOSSES IN HIS ACCOUNT AND THAT HE DID NOT REDUCE THE COMMISSIONS ON A TRANSACTION IN ACCORDANCE WITH HIS EARLIER REPRESENTATION.
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Docket/Case #: 10-03416
Date Notice/Process Served: 08/10/2010
Award to Customer Disposition Date: 02/14/2012
Monetary Compensation Amount:
$312,470.36
Allegations:
WELLS FARGO ADVISORS, LLC
ALLEGES FA INVESTED IN ACCOUNT WITH HIGH RISK PROFILE, PLACED
TRADES THAT WERE INAPPROPRIATE FOR CLIENT'S OBJECTIVES, AND
GAVE FALSE ASSURANCES REGARDING ASSETS.
DATES NOT SPECIFIED. **ARBITRATION ALLEGATIONS: CLAIMANTS OPENED THEIR ACCOUNTS IN 1997 AT WHICH TIME THEY ALLEGED UNSUITABLE INVESTMENT RECOMMENDATIONS WERE MADE. CLAIMANTS REQUEST
COMPENSATORY DAMAGES OF $1.8 MILLION.
Customer Disputes against Robert A Maiocco
| Employer | Years | Dates |
|---|---|---|
| Wells Fargo Advisors, LLC (19616) | 3 years, 11 months | May 2009 - Present |
| Wachovia Securities, LLC | 5 years, 10 months | Jul 2003 - May 2009 |
| Wachovia Securities, LLC | < 1 month | Jul 2003 - Jul 2003 |
| #Ia Prudential Securities Incorporated | 28 years, 11 months | Aug 1974 - Jul 2003 |
| Prudential Securities Inc, | 28 years, 11 months | Aug 1974 - Jul 2003 |
Customer Disputes against Robert A Maiocco
Robert Maiocco a financial professional at Wells Fargo Advisors, LLC, a broker-dealer with over 25,300 registered representatives nationwide. Robert has held an industry securities registration for 40 years and is subject to SEC and FINRA oversight.
MAIOCCO FAILED FINANCIAL EXAM
http://medfordinformationcentral.blogspot.com/2013/03/city-council-president-failed-financial.html
On December 17, 1982 Robert A. Maiocco FAILED his $96.00 Series 63 (NASAA) Financial exam._________________________________Series 63 (NASAA) Financial ExamExam Details | |
| Exam Code | Series 63 (NASAA) |
| Exam | Uniform Securities Agent State Law Examination |
| Number of Questions | 60 Multiple Choice |
| Testing Time | 1 hour and 15 minutes |
| Required For | Qualifies an individual as a securities agent and allows them to become a limited registered representative that is able to solicit orders for corporate debt and equity securities. Some of these debt and equity securities include bonds, warrants, preferred and common stock. |
