Harlem Valdez Allegedly Executed Unauthorized Trades

Harlem Valdez (CRD #: 4930124), a broker formerly registered with J.P. Morgan Securities, allegedly executed unauthorized trades, according to their BrokerCheck record, accessed on November 28, 2022. If you have questions about his alleged conduct as a broker, keep reading.

Investor Dispute

On October 19, 2022, an investor alleged that Harlem Valdez executed unauthorized trades and made an unsuitable recommendation concerning a mutual fund. The client alleged this misconduct occurred between June 1, 2019, and November 1, 2020.

The investor seeks $62,000 in this pending dispute.

FINRA Rule 3260

FINRA Rule 3260 prohibits brokers from executing discretionary trades in accounts that have not been approved by both their client and firm.

FINRA Rule 2111

FINRA Rule 2111 requires that brokers tailor their investment recommendations to an investor’s profile. Brokers must take into account an investor’s tax status, age, risk tolerance, and other information described in their profile.

Investors who rely on brokers for recommendations may be able to recover their losses by pursuing FINRA arbitration.

FINRA Rule 2010

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade.

Background Information

Harlem Valdez has passed the following exams:

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

They have also worked for the following firms:

• J.P. Morgan Securities (CRD#:79)
• Northwestern Mutual Investment Services (CRD#:2881)
• Credit Suisse Securities (USA) (CRD#:816)

Kurta Law Can Help

If you worked with Harlem Valdez 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.