February 2017-Coral Gables, FL
According to publicly available records Alejandro Falla , (CRD# 5064828) , a former stockbroker who was last employed by BAC Florida Investments, disclose a recent regulatory sanction.
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.
Without admitting or denying the findings, Falla consented to the entry of findings the that he failed to disclose the use of non-market foreign exchange rates in connection with a series of bond swap transactions in retail customer accounts in violation of securities laws. Falla was permanently barred by FINRA.
Alejandro Falla was registered with BAC Florida Investments from 3/2013-10/2014. Prior to that he was employed by Ultralat Capital Markets in Miami, FL.
If you have questions about an account in an account handled by Alejandro Falla, contact us to discuss your legal options.
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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