Todd David Ellis, of New York, New York, a stockbroker registered with RBC Capital Markets LLC, was the subject of a customer initiated investment related complaint filed on March 7, 2022, in which the customer requested compensation based upon allegations that Ellis made unsuitable recommendations of structured notes during the time that Ellis was associated with RBC Capital Markets LLC.
Financial Industry Regulatory Authority (FINRA) Public Disclosure shows that Ellis has been referenced in three other customer initiated investment related disputes concerning Ellis’ conduct while associated with securities broker dealers. On March 24, 2003, a FINRA securities arbitration claim involving Ellis’ conduct resulted in the customer being awarded $39,600.00 in compensatory damages because Ellis and Morgan Stanley DW Inc. were held liable for failing to execute a limit order to buy common stock shares. FINRA Arbitration No. 02-03986.
Ellis was also referenced in a complaint filed on September 10, 2008, in which the customer requested compensation based upon allegations that Ellis made misrepresentations of material fact in connection with the recommendation and sale of stocks when Ellis was associated with Citigroup Global Markets Inc.
Ellis was also associated with UBS Financial Services Inc. in New York, New York, as a stockbroker and investment advisor representative from January of 2009 to November of 2020. Ellis has been associated with RBC Capital Markets LLC in New York, New York, as a stockbroker and investment advisor representative since October 9, 2020.
