{"id":4039,"date":"2016-12-28T17:47:19","date_gmt":"2016-12-28T23:47:19","guid":{"rendered":"https:\/\/www.investorlawyers.com\/blog\/?p=4039"},"modified":"2022-03-28T10:46:37","modified_gmt":"2022-03-28T15:46:37","slug":"ubs-broker-fired-outside-business-activities","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/ubs-broker-fired-outside-business-activities\/","title":{"rendered":"UBS Broker is Fired Over Outside Business Activities\u00a0"},"content":{"rendered":"

UBS Financial Services (UBS)<\/a> has terminated the employment of Connecticut broker\u00a0Phil Fiore Jr. The broker-dealer says that even while Fiore was under heightened supervision he did not tell the firm about his outside business activities.<\/p>\n

UBS contends that he violated firm policies, such as not disclosing that he was serving as an unpaid director for a not-for-profit entity affiliate, along with a client, as well as not obtaining internal approval to create blog posts, failing to obtain approval to run a charity golf tournament, and not disclosing that a new client had invested in his outside business.<\/p>\n

Fiore, who was let go in November, had been a top UBS broker and was rated as a leading adviser in Connecticut. He\u2019d worked at UBS since 2009 and was a senior VP. Previously, he\u2019d been employed with Merrill Lynch.<\/p>\n

Continue Reading \u203a<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

UBS Financial Services (UBS) has terminated the employment of Connecticut broker\u00a0Phil Fiore Jr. The broker-dealer says that even while Fiore was under heightened supervision he did not tell the firm about his outside business activities. UBS contends that he violated firm policies, such as not disclosing that he was serving as an unpaid director for […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3773,3752,3755],"tags":[],"class_list":["post-4039","post","type-post","status-publish","format-standard","hentry","category-broker-fraud","category-financial-firms","category-ubs"],"yoast_head":"\nUBS Broker is Fired Over Outside Business Activities\u00a0 — Investor Lawyers Blog — December 28, 2016<\/title>\n<meta name=\"description\" content=\"UBS Financial Services (UBS) has terminated the employment of Connecticut broker\u00a0Phil Fiore Jr. The broker-dealer says that even while Fiore was under — December 28, 2016\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" 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