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Juarez Bustamante Discharged After Alleged Unauthorized Activity

By: kurtablogs Author
December 17, 2025 at 8:05pm

Juarez Bustamante (CRD #: 6228190) was discharged by Wells Fargo Clearing Services, LLC, and is also the subject of a denied customer dispute. These disclosures appear on his BrokerCheck record, accessed on December 16, 2025. Keep reading if you have questions regarding his alleged conduct.

Employment Discharge After Allegations

On October 24, 2025, Juarez Bustamante was discharged from Wells Fargo Clearing Services, LLC after a review found he allegedly accepted trade instructions from an unauthorized party. The review also found he allegedly permitted the use of mortgage loan proceeds to purchase securities within a client’s account.

High Standards of Commercial Honor

FINRA Rule 2010 requires brokers to uphold high standards of commercial honor and just and equitable principles of trade. Accepting unauthorized trade instructions violates this rule. 

Background Information

Juarez Bustamante has passed the following exams:

  • SIE Securities Industry Essentials Examination

  • Series 7 General Securities Representative Examination

  • Series 6 Investment Company Products and Variable Contracts Representative Examination

  • Series 66 Uniform Combined State Law Examination

  • Series 63 Uniform Securities Agent State Law Examination

Juarez Bustamante has registered with one firm:

  • Wells Fargo Clearing Services, LLC, CRD # 19616

Kurta Law Can Help 

If you have worked with Juarez Bustamante and have concerns about your investments, don’t hesitate to contact us today 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.

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