FINRA Bars Advisor Robert Marquez, Investment Network

According to public records, FINRA has reportedly barred financial advisor Robert Marquez (CRD#: 2266269) from the securities industry. FINRA (The Financial Industry Regulatory Authority) is the self-regulator that oversees brokers and brokerage firms.

According to a Letter of Acceptance Waiver and Consent (AWC) on November 6, Marquez allegedly refused to provide on-the-record testimony requested by FINRA in connection with an investigation into sales of “pre-IPO” private placement offerings.

Pre-IPO Private Placements 

PRE-IPO private placement offerings, or pre-initial public offering private placements, refer to the sale of securities in a company to a select group of private investors before the company goes public through an initial public offering (IPO). Companies often use pre-IPO private placements to raise additional capital to fund their operations, expansion, or other business activities.

Pre-IPO private placements are complex investments that carry risks. These investments are typically illiquid, and the value of the securities can be difficult to determine until the company goes public. Additionally, private placements are subject to regulatory considerations and may have restrictions on resale. Investors in pre-IPO private placements often need to meet certain criteria, such as being accredited investors with a high net worth.

FINRA BrokerCheck Report – Robert Marquez 

According to this FINRA BrokerCheck report, Robert Marquez was affiliated with the following firms during his career, among others:

01/04/2017 – 11/06/2023, INVESTMENT NETWORK, INC. (CRD#:127724), CANTON, OH,
B, 05/14/2013 – 12/31/2016, EDI FINANCIAL, INC. (CRD#:15699) FINRA expelled the firm on 06/01/2017, SMITHTOWN, NY
B, 06/22/2012 – 06/06/2013, COLORADO FINANCIAL SERVICE CORPORATION (CRD#:104343), SMITHTOWN, NY
B, 12/11/2008 – 06/21/2012, BROOKSTONE SECURITIES, INC. (CRD#:13366) FINRA expelled the firm on 10/09/2012, SMITHTOWN, NY

The FINRA BrokerCheck tool is a free online tool that allows investors to research and verify the background and credentials of financial brokers, brokerage firms, and investment advisors registered with FINRA.

FINRA BrokerCheck provides investors with detailed information about the professional history, qualifications, and regulatory actions of brokers and brokerage firms. Investors can use the tool to verify whether a broker or brokerage firm is registered with FINRA, as well as to review their employment history, licensing status, and any regulatory actions or complaints filed against them.

If you have suffered losses investing with Robert Marquez, the securities attorneys at the White Law Group may be able to help you. For a free consultation with a securities attorney, please call (888) 637-5510. 

The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm dedicated to helping investors in claims in all 50 states against their financial professional or brokerage firm. Since the firm launched in 2010, it has handled over 700 FINRA arbitration cases.

Our firm represents investors in all types of securities related claims, including claims involving stock fraud, broker misrepresentation, churning, unsuitable investments, selling away, and unauthorized trading, among many others.

With over 30 years of securities law experience, The White Law Group has the expertise to help investors to recover their fraud losses.  For more information, please visit our website, whitesecuritieslaw.com.