Cynthia La Rosa Barred by FINRA

Cynthia La Rosa (CRD #: 2459459) has been barred by FINRA, according to her BrokerCheck record, accessed on July 23, 2022. Read on if you have questions about her conduct as a broker.

Bar by FINRA

On June 16, 2022, FINRA barred Cynthia La Rosa after she allegedly submitted falsified documents in response to FINRA’s requests for documents and information.

According to a Letter of Acceptance, Waiver & Consent (AWC), FINRA served Canaccord Genuity with two Rule 8210 requests in December 2020 and January 2021, seeking certain trade-related exception reports, evidence of review of these reports, and other documents.

Cynthia La Rosa was allegedly one of the people responsible for preparing portions of the firm’s responses to these requests. In that position, she allegedly created multiple sets of false documents which misrepresented that certain exception reports had been reviewed at or near the relevant trading dates, with the knowledge that neither she nor any other personnel had reviewed these reports.

This alleged production of false documents violates FINRA Rules 8210 and 2010.

FINRA Rules 8210 and 2010

FINRA Rule 8210 requires members to supply information, documents, and testimony upon request.

Many forms of misconduct qualify as violations of FINRA Rule 2010, which requires brokers to uphold high standards of commercial honor and just and equitable principles of trade.

Sanctions

Cynthia La Rosa was permanently barred from associating with FINRA members in all capacities on June 16, 2022.

You can read the full AWC bar here.

Background Information

Cynthia La Rosa has passed the following exams:

• Series 7 – General Securities Representative Examination
• Series 14 – Compliance Officer Examination
• Series 24 – General Securities Principal Examination

She has also worked for Canaccord Genuity (CRD#:1020) and Prime Capital Services (CRD#:18334).

Kurta Law Can Help

If you worked with Cynthia La Rosa and you 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 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.