FINRA Bars Alberto Sanchez for Alleged Outside Business Activities
Are you concerned about investments made with former financial advisor Alberto Sanchez? If so, the securities attorneys at The White Law Group may be able to help you to recover your losses through FINRA arbitration.
According to the Financial Industry Regulatory Authority (FINRA), the regulator has reportedly barred Sanchez from associating with any FINRA member at any time.
On June 3, according to a Letter of Acceptance, Waiver & Consent,Sanchez reportedly did not provide documents as requested by FINRA in connection with an investigation concerning his alleged involvement in a potential undisclosed outside business activity.
According to Block’s FINRA BrokerCheck report, Sanchez has reportedly been registered with 3 firms in Fort Lauderdale, Florida since 2013.
Most recently, he was reportedly registered with Sagepoint Financial from June 2018 until May 2019. Prior to that, he was affiliated with MML Investor Services, from November 2017 – May 2018. He also reportedly worked for Principal Securities for the four preceding years, according to FINRA.
Sanchez has 2 customer complaints that were allegedly filed against him, according to his broker record.
The White Law Group is investigating potential securities claims involving the liability that Sanchez’s former employers may have for failure to properly supervise his activities.
Brokerage firms that fail to monitor the business activities of their employees may be liable for investment losses due to negligent supervision for the misconduct of their employees.
If you are concerned about investments made with Alberto Sanchez, the securities fraud attorneys of The White Law Group may be able to help. For a free consultation with a securities attorney, please call 888-637-5510.
The White Law Group is a national securities fraud, securities arbitration, and investor protection law firm with offices in Chicago, Illinois.
For more information on The White Law Group, visit www.WhiteSecuritiesLaw.com.
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Tags: Alberto Sanchez, Alberto Sanchez complaints, Alberto Sanchez excessive trading, Alberto Sanchez financial advisor, Alberto Sanchez FINRA lawsuit, Florida securities attorney, Florida securities fraud lawyer Last modified: June 5, 2019