Estevao Semedo Barred by FINRA

Estevao Semedo (CRD #: 4631886) has been barred by FINRA. This disclosure appears on his BrokerCheck record, accessed on March 5, 2023. Keep reading if you have questions regarding his conduct. 

FINRA Bar 

On December 4, 2023, Estevao Semedo consented to the entry of findings that he failed to provide information requested by FINRA in connection with its investigation into whether he engaged in undisclosed outside businesses and failed to timely disclose a felony charge on his Form U4. 

Outside Businesses 

Estevao Semedo has the following outside business listed on his detailed BrokerCheck record: 

• Sales of investment-related products for companies affiliated with PFS Investments 
• Sale of loan products and/or Primerica client services 
• Part-time referrals of home security and automation products 

Call Kurta Law if you have concerns about his outside businesses: (877) 600-0098. 

Criminal Charge 

Estevao Semedo has a criminal charge on his record dated March 2, 2023, alleging he engaged to commit honest services mail fraud. 

Regulatory Action 

MASS DOT – Registry of Motor Vehicles has revoked his instructor certificate. He was sentenced to six months in prison following allegations that he conspired to defraud the RMV into issuing driver’s licenses to applicants who did not pass the road test. 

Background Information 

Estevao Semado has passed the following exams: 

• Series 63 Uniform Securities Agent State Law Examination 
• SIE – Securities Industry Essentials Examination 
• Series 6 Investment Company Products / Variable Contracts Representative Examination 
• Series 26 Investment Company Products/Variable Contracts Principal Examination 

Kurta Law Can Help 

If you have worked with Estevao Semado and have concerns about your investments, do not hesitate to contact us at 877-600-0098 or info@kurtalawfirm.com for a free consultation. 

For nearly 20 years, Kurta Law has advocated for investors 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. Do not let securities fraud go unchecked. Start your recovery process today.