Erick Fierro (CRD #7606125) Has an Employment Separation Disclosure on FINRA BrokerCheck

Erick Fierro (CRD #7606125) was previously registered as a broker and has an employment separation disclosure on FINRA BrokerCheck. We reviewed his BrokerCheck report on February 8, 2026. It reflects one termination disclosure. If you worked with Erick Fierro and have concerns, keep reading.

BrokerCheck link: BrokerCheck

BrokerCheck report: BrokerCheck Report (PDF)

Employment Separation

Erick Fierro’s FINRA BrokerCheck report reflects one employment separation disclosure. A summary is below:

On December 19, 2025, the firm reported that it discharged Fierro from JPMorgan Chase Bank, N.A. The disclosure states he opened an affiliate bank business account without the secondary owner present. It also states he allowed the primary owner to sign for the secondary owner, which resulted in inaccurate bank books and records. BrokerCheck lists the product type as banking products (other than CDs). The disclosure notes it was not related to any known customer complaints or the sale of securities.

Rule Summary #1: FINRA Rule 4511 (General Requirements)

FINRA Rule 4511 requires firms to make and preserve required books and records. Issues involving inaccurate records can implicate these obligations.

Rule Summary #2: FINRA Rule 2010 (Standards of Commercial Honor and Principles of Trade)

FINRA Rule 2010 is a broad ethical rule that requires high standards of commercial honor and just and equitable principles of trade. Conduct that raises integrity concerns can lead to scrutiny under this rule.

Why This Matters to Investors (Regulation Best Interest)

Regulation Best Interest (Reg BI) is a U.S. securities regulation. It strengthens the standard of conduct that broker-dealers owe to retail investors. It applies when they recommend securities transactions or investment strategies. The U.S. Securities and Exchange Commission adopted Reg BI. It became effective on June 30, 2020. Reg BI aims to protect investors while preserving access to brokerage products and services.

Reg BI requires broker-dealers and financial advisors to act in a retail customer’s best interest at the time of a recommendation. They must not place their own financial or other interests ahead of the customer’s. This standard is higher than the older “suitability” rule. Suitability meant a recommendation only had to be appropriate. It did not have to be the best option or free of conflicts.

Reg BI has four key obligations:

Disclosure Obligation – Broker-dealers must disclose material facts about the relationship and the recommendation. This includes fees, the scope of services, and conflicts of interest.

Care Obligation – Broker-dealers must use reasonable diligence, care, and skill. They must consider costs, risks, and alternatives when making a recommendation.

Conflict of Interest Obligation – Firms must identify conflicts of interest. They must disclose them and mitigate or eliminate them. This includes conflicts that create incentives to favor one product over another.

Compliance Obligation – Firms must maintain policies and procedures. Those policies should be designed to ensure compliance with Reg BI as a whole.

Reg BI applies to each recommendation. It is not a continuous duty like the fiduciary standard for registered investment advisers. Even so, it narrows the gap. It puts more focus on costs, conflicts, and investor-focused decision-making.

Overall, Regulation Best Interest promotes transparency. It also aims to improve the quality of investment recommendations. It is designed to reinforce trust between retail investors and broker-dealers in the U.S. securities markets.

Background Information (from BrokerCheck)

Based on his FINRA BrokerCheck report, Erick Fierro:

Is not currently registered.

Was previously registered with J.P. Morgan Securities LLC from September 2022 to January 2026.

Has passed the Securities Industry Essentials (SIE) exam. Erick Fierro has passed Series 7TO and Series 6TO. He has also passed Series 65 and Series 63.

Kurta Law Can Help

If you have worked with Erick Fierro and you have concerns about his activity, Kurta Law may be able to help you evaluate your legal options. To speak with Kurta Law, call 877-600-0098 or email info@kurtalawfirm.com.

Helpful resources: Securities Attorney | What Is Securities Fraud?

For nearly 20 years, Kurta Law has advocated for investors and helped hold financial professionals accountable. Our firm represents clients nationwide in securities arbitration and related disputes. If you believe a broker or firm mishandled your account, an attorney can review the facts and explain possible next steps.