Daniella Rebecca Rand of San Francisco California a stockbroker formerly employed by Morgan Stanley has been discharged by the firm on March 6, 2017 based upon Morgan Stanley’s allegations that Rand violated the firm’s customer correspondence directives and provided inaccurate or incomplete information to the firm in regard to Rand’s activities when investigated for misconduct.

Financial Industry Regulatory Authority (FINRA) Public Disclosure reveals that Rand is referenced in two customer initiated investment related disputes pertaining to accusations of his misconduct during the time that he was associated with Morgan Stanley Smith Barney. Specifically, on August 7, 2017, a customer filed an investment related complaint concerning Rand’s activities in which the customer requested $22,150.33 in damages founded on allegations that Rand made misrepresentations to the customer concerning the fees assessed to the customer in regard to the management of the customer’s wrap account.

Subsequently, on December 19, 2017, a customer initiated investment related complaint involving Rand’s conduct was settled for $19,821.48 in damages based upon accusations that Rand made misleading statements to the customer in regard to the fee structure of a managed account arrangement.

Rand became registered with Merrill Lynch, Pierce, Fenner & Smith Incorporated on April 7, 2017.

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