Notable Malibu financial advisor Ramses Fisher, associated with Vault Capital, has recently come under scrutiny for allegations of engaging in a “deceptive scheme” related to securities sales to an investor, as reported in a recent regulatory investigation. According to Financial Industry Regulatory Authority (FINRA) records, Fisher, who was once a broker for AXA Advisors, had this incident disclosed in his BrokerCheck report filed in August 2023.
Findings of the FINRA Investigation
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FINRA determined, after a thorough investigation, to recommend disciplinary action against Ramses Fisher. The allegations accuse Fisher of:
- Making “material false statements and/or material omissions in connection with the sale of securities to an investor.”
- Engaging “in a deceptive scheme in connection with the sale of securities to an investor.”
Fisher’s alleged behavior reportedly violated multiple acts and rules such as:
- Securities Exchange Act of 1934
- Securities Act of 1933
- FINRA Rules 2020 and 2010.
However, as of the most recent report, no disciplinary action has yet been put into place against Ramses Fisher.
Professional Background of Ramses Fisher
Accredited by the Financial Industry Regulatory Authority and the Securities and Exchange Commission, Fisher holds one year of experience in the securities industry. Based in Malibu, California, Fisher has been an investment advisor with Vault Capital since April 2023.
Fisher’s professional journey includes time spent with:
- Osprey Partners (Westport, Connecticut; 2017)
- National Securities Corporation (New York, New York; 2017)
- Reid & Rudiger (New York, New York; 2017)
- AXA Advisors (Los Angeles, California; 2018)
Importantly noted, Fisher has cleared 11 securities industry qualifying exams, including Series 24, Series 4, Series 27, Series 7, Series 79TO, Series 7TO, Series 3, Series 57TO, Series 16, Series 65, and Series 63, and is licensed as an investment advisor in California.
How Haselkorn & Thibaut Can Help?
Haselkorn & Thibaut extends nationwide representation and support to aggrieved investors who have suffered investment losses against financial advisors and investment firms. If you find yourself in such a scenario, feel free to call us at 1-800-856-3352 or complete our online contact form. Our consultation is free and strictly confidential.
Final Thoughts
While it is essential to keep faith in the securities industry’s regulatory institutions, it is equally important for investors to know their rights. After all, everyone has the right to invest with peace of mind and expect ethical conduct from their investment advisors.
If you suspect misconduct or if you’ve faced financial losses, don’t hesitate to ask questions or seek professional help. Remember, the objective of institutes like FINRA and companies like Haselkorn & Thibaut is to maintain fairness and transparency in the investment world – and to help you protect your investments.
By taking the right action at the right time, not only can you recover your losses, but you could potentially help protect other unsuspecting investors from experiencing a similar fate. What could be more important than that?
Remember, every investor stands a chance to fight against financial injustices. So, when in doubt, never hesitate to reach out.
