Joffre Salazar Investigaton
April 2022- Staten Island, NY
According to publicly available records, Joffre Salazar, a currently unregistered financial advisor who previously was employed by LPL Financial discloses a regulatory event, prior customer disputes and a termination from employment.
The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.
In 8/2021, in FINRA case 2019063019901 , Salazar consented to the sanctions and to the entry of findings that while employed by LPL Financial he forged the signatures and initials of two customers on forms related to their purchases of fixed annuities. The sanctions ordered were a one year suspension in all capacities from FINRA and a $5,000 fine levied against Salazar individually.
In 9/2019, Salazar was discharged from employment with American Portfolios Financial Services after allegations of inconsistencies in client documents associated with the submission of an application.
Salazar was employed with American Portfolios Financial Services from April of 2019 until October of 2019. Prior to that he was with LPL Financial.
If you have losses in an account handled by Joffre Salazar, call to learn how you may be able to recover damages through FINRA arbitration.
Rex Securities Law , with offices in Boca Raton, FL, and Austin, TX, provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.
Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.
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