Wells Fargo Clearing Services Fires Joseph Fonseca
Joseph Fonseca (CRD #: 6069033) was recently fired from his position at Wells Fargo Clearing Services, according to his BrokerCheck record, accessed on January 7, 2022. Details surrounding his termination have been provided below.
On November 1, 2021, Wells Fargo Clearing Services fired Joseph Fonseca after he allegedly added an attorney-in-fact to three jointly owned bank accounts without at least one of the joint tenants being present at the branch during this change. The allegations further state that Joseph Fonseca falsely indicated in the bank’s record system that at least one of the joint tenants was present at the branch when this relationship change was made.
Joseph Fonseca’s unethical conduct violates FINRA Rule 2010, which states that brokers must uphold high standards of commercial honor.
Joseph Fonseca 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
Besides Wells Fargo Clearing Services, he has not worked with any other firm.
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If you lost money while working with Joseph Fonseca, don’t hesitate to contact us today at 877-600-0098 or firstname.lastname@example.org for a free consultation.
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