Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Rogerio Almeida (Almeida), previously associated with Edward Jones, has at least one disclosable event. These events include one regulatory event, alleging that Almeida recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a final customer complaint on June 27, 2023.
Without admitting or denying the findings, Almeida consented to the sanctions and to the entry of findings that he conducted OBAs as a mortgage loan officer without providing prior written notice to his member firm. The findings stated that Almeida earned $35,026 in commissions from those activities. Ultimately, Almeida submitted an OBA form to the firm, disclosing that he had a mortgage license with a mortgage company and inaccurately stating he was not working as a loan officer. The firm rejected the OBA, however, Almeida continued to work as a loan officer after the firm’s rejection.