Faith Read Xenos, Broker with MSEC, LLC, Named in Customer Dispute Alleging Overconcentration in Customers’ Accounts

INVESTORS: MSEC, LLC broker Faith Read Xenos was named in a customer dispute alleging that she over concentrated customers’ accounts in a complex alternative mutual fund that was unsuitable.

Faith Read Xenos (CRD#:1320067) is registered as a broker and investment adviser with MSEC, LLC, where she has been employed since 2019. Previously, Xenos was registered as a broker with Singer Xenos Securities from 2001 until 2019.

Xenos has one disclosure on her BrokerCheck report. 

October 2021 Customer Dispute

Status: Pending

Allegations: Customer alleges that RR, in capacity as financial advisor with affiliated investment adviser, over concentrated customers’ accounts beginning in July 2020 in a complex alternative mutual fund that was not suitable.

Damage Amount Requested: $346,000.00

If you have any information about Faith Read Xenos that you would like to share or discuss, please call our firm for a confidential consultation. We represent investors in claims against negligent brokers and brokerage firms. If you or your loved one experienced investment losses, we are here to help. For a free consultation, please call us now at 866-827-3202 or complete our contact form. 


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