Joseph Andrew Martino (CRD #3011798) Has Financial and Judgment/Lien Disclosures on FINRA BrokerCheck

Joseph Andrew Martino (CRD #3011798) is a broker with financial and judgment/lien disclosures on FINRA BrokerCheck. We reviewed his BrokerCheck report on April 15, 2026. It reflects one financial disclosure and one judgment/lien disclosure. If you invested with Joseph Martino and have concerns, keep reading.

BrokerCheck link: BrokerCheck

BrokerCheck report: BrokerCheck Report (PDF)

Financial Disclosures

Joseph Martino’s FINRA BrokerCheck report reflects one financial disclosure. A summary is below:

On October 27, 2021, Joseph Martino reported a final financial disclosure listed as a compromise. Joseph Martino’s FINRA BrokerCheck says the creditor was The Valley Hospital and the original amount owed was $1,273.62.

BrokerCheck states he agreed to a $700 settlement on November 15, 2021. The matter was marked satisfied/released on November 22, 2021.

Judgment / Lien Disclosures

Joseph Martino’s FINRA BrokerCheck report reflects one judgment/lien disclosure. A summary is below:

On February 6, 2026, Joseph Martino’s FINRA BrokerCheck reported a civil judgment/lien for $974.13. BrokerCheck lists Midland Credit Management, Inc. as the holder.

BrokerCheck says the matter was filed in the Superior Court of New Jersey, Law Division, Special Civil Part, Bergen County. It also says the judgment/lien remained outstanding and that he learned of it on March 5, 2026.

Rule Summary #1: FINRA Rule 4530 (Reporting Requirements)

FINRA Rule 4530 requires firms to promptly report specified events to FINRA, and associated persons must promptly report those events to their firms. Financial disclosures and court matters can trigger reporting and review obligations.

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

FINRA Rule 2010 requires members to observe high standards of commercial honor and just and equitable principles of trade. Financial problems or unpaid court matters can raise concerns that deserve careful review.

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, Joseph Martino is currently registered with NYLIFE Securities LLC.

He has passed the Securities Industry Essentials (SIE) exam. Joseph Martino has also passed Series 24, Series 7, and Series 63.

He was previously registered with firms that include Morgan Stanley, Hornor, Townsend & Kent, Inc., and Allstate Financial Services, LLC.

Kurta Law Can Help

If you have worked with Joseph Martino and have concerns about your account, 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 | Unsuitable Investments

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.