Dear Compliance Officer,
I am writing to formally lodge a complaint regarding the unauthorized and improper handling of my trust fund account held with Equitable Advisors. It has come to my attention that my designated financial advisor was granted unfettered access and control over my trust assets without my explicit consent or proper oversight, resulting in the misappropriation and possible theft of substantial funds.
This conduct constitutes a breach of fiduciary duty, negligence in supervisory compliance, and potential violations of securities regulations and internal risk controls. I did not authorize the withdrawal or transfer of funds in the manner executed, nor was I informed of such transactions until after the fact. The lack of transparency and failure to safeguard my financial interests is deeply troubling and warrants immediate investigation.
I respectfully request the following actions:
A comprehensive internal audit of all transactions conducted under my trust account.
Disclosure of all communications and authorizations attributed to my financial advisor.
Identification of any breaches of protocol or regulatory infractions.
Restitution of misappropriated funds and any associated damages.
Confirmation of disciplinary or legal actions taken against the responsible party.
Please consider this letter a formal demand for resolution and accountability. I reserve all rights to pursue legal remedies through regulatory bodies such as FINRA, the SEC, and civil litigation should this matter not be addressed promptly and satisfactorily.
I request written confirmation of receipt of this complaint and a timeline for your investigation.
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