Gian Piovanetti Allegedly Involved in Allegations Regarding a Private Fund

Gian Piovanetti (CRD #: 5366726) has been fired by Popular Securities. This disclosure appears on his BrokerCheck record, accessed on September 13, 2024. Keep reading if you have questions regarding his alleged conduct. 

Employment Separation After Allegations 

On July 23, 2024, Popular Securities fired Gian Piovanetti following allegations that he was involved in a transaction executed on behalf of a private fund for which the Firm serves as an investment advisor. 

• Gian Piovanetti allegedly did not have the necessary approval from the Funds’s investment committee.
• He allegedly directed the disbursement of Fund assets in connection with the transaction prior to executing the relevant agreements, and 
• Disbursed at least $562,000 of those funds for the benefit of entities owned by the employee and/or members of his family, and 
• Failed to to follow applicable policies, including using his personal email for matters related to the transaction, and 
• Made what appeared to be false statements during interviews conducted as part of the internal review of the transaction.

High Standards of Commercial Honor

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Failing to follow firm policies may violate this rule. 

Background Information 

Gian Piovanetti has passed the following exams: 

• Series 66 Uniform Combined State Law Examination
• Series 7TO General Securities Representative Examination 
• Series 79TO Investment Banking Registered Representative Examination 
• SIE – Securities Industry Essentials Examination 
• Series 7 General Securities Representative Examination 
• Series 24 General Securities Representative Examination 

Kurta Law Can Help 

If you worked with Gian Piovanetti and you have concerns about your investments, do not hesitate to contact us at 877-600-0098 or email 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.