Alvaro Jiron Subject of FINRA Rule Violation Allegations

Alvaro Jiron (CRD #: 4226147), a broker registered with LPL Financial, is the subject of an investor dispute. This disclosure appears on his BrokerCheck record, accessed on October 20, 2023. Keep reading if you have questions about his alleged conduct. 

On August 31, 2023, an investor alleged that Alvaro Jiron omitted information concerning a mutual fund. The investor alleged that they were not informed that they could only tender the mutual fund on a quarterly basis. The investor is seeking $125,350.79 but the dispute was denied. 

investors should know, however, that firms can deny disputes without any external review. Following a denial, investors may still be able to recover their funds via FINRA arbitration.

Misrepresentation and Omission 

FINRA Rule 2020 forbids the use of deceptive, manipulative, and otherwise fraudulent methods to influence the purchase and sale of securities. The misrepresentation or omission of material facts violates this rule.

FINRA Rule 2010

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Violations of FINRA Rule 2020 also violate this rule. 

Background Information 

Alvaro Jiron has passed the following exams: 

• Series 66 Uniform Combined State Law Examination
• Series 65 Uniform Investment Adviser Law Examination 
• Series 63 Uniform Securities Agent State Law Examination 
• SIE – Securities Industry Essentials Examination 
• Series 7 General Securities Representative Examination

He is a registered broker in Florida, Georgia, and New York. He is also a registered investment adviser in Florida. 

During his 17 years of experience, he has registered with seven firms: 

• LPL Financial (CRD #: 6413) 
• Infinex Investments (CRD #: 35371) 
• J.P. Morgan (CRD #: 79) 
• Ameriprise Financial Services (CRD #: 6363) 
• Valic Financial Advisors (CRD #: 42803) 
• Merrill Lynch, Pierce, Fenner & Smith (CRD #: 7691) 
• Charles Schwab & Co. (CRD #: 5393)

Kurta Law Can Help

If you worked with Alvaro Jiron and have concerns about your investments, please contact us today at 877-600-0098 or info@kurtalawfirm.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 that 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.