Broker-Dealer Profiles

RICHARD IRA WATTER CRD# 1303157

Customer Dispute 11/18/1998

THE EXECTRIX OF THE CLIENT'S ESTATE ALLEGES THAT THE IE BOUGHT SPECULATIVE STOCKS IN WHICH PAINEWEBBER WAS A MARKET MAKER IN 1998 RESULTING IN A LOSS OF $23,150. PRODUCTS INCLUDE MICROSOFT, TWA, CENDANT, SHERWIN WILLIAMS, AND OPEN MARKET, INC.

$23,150.00

$14,000.00

GUY GREGORY CLEMENTE CRD# 1222597 9 Discloures

Regulatory 07/30/2002

MASSACHUSETTS

CLEMENTE HAS BEEN THE SUBJECT OF MORE THAN (10) CUSTOMER COMPLAINTS ALLEGING, INTER ALIA, MISREPRESENTATION, EXCESSIVE TRADING, ACCOUNT-RELATED FAILURE TO SUPERVISE, FAILURE TO FOLLOW INSTRUCTIONS, CHURNING, UNAUTHORIZED TRADING AND MAKING UNSUITABLE RECOMMENDATIONS WHILE EMPLOYED AT VARIOUS BROKER-DEALERS SINCE 1984. THE ALLEGATIONS AGAINST CLEMENTE RESULTED IN THE PLACEMENT OF CONDITIONS ON HIS REGISTRATION AS AN AGENT OF TTC.

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