Aldo Lozano Fired from Morgan Stanley
Aldo Lozano (CRD #: 2479020), a broker formerly registered with Morgan Stanley, allegedly engaged in misconduct, according to his BrokerCheck record, accessed on December 14, 2022. If you have questions about his alleged conduct as a broker, keep reading.
Termination from Morgan Stanley Smith Barney
On October 26, 2022, Aldo Lozano was fired from Morgan Stanley following alleged concerns that he received compensation from another employee outside of firm systems and without firm knowledge or approval, and that he failed to disclose and obtain firm approval for an outside business activity.
This outside business activity was allegedly not investment related but Aldo Lozano allegedly did engage in it during firm business hours.
FINRA Rule 3270
FINRA Rule 3270 requires brokers to disclose to their firm any business they engage in outside the firm, including any compensation they expect to receive.
Other business activities
Aldo Lozano’s detailed BrokerCheck report does not currently list any outside business activities.
Aldo Lozano has passed the following exams:
- Series 66 – Uniform Combined State Law Examination
- Series 63 – Uniform Securities Agent State Law Examination
- SIE – Securities Industry Essentials Examination
- Series 7 – General Securities Representative Examination
He has also worked for the following firms:
- Morgan Stanley (CRD#:149777)
- RBC Capital Markets (CRD#:31194)
- Wachovia Securities (CRD#:19616)
- Prudential Securities (CRD#:7471)
- Citigroup Global Markets (CRD#:7059)
Kurta Law Can Help
If you worked with Aldo Lozano and you have concerns about your investments, please contact us today at 877-600-0098 or email@example.com for a free consultation.
For over 20 years, Kurta Law has advocated on behalf of investors who want to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm and exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf.