Leandro Milititsky (CRD #4874510) Has Customer Dispute Disclosures on FINRA BrokerCheck
Leandro Milititsky (CRD #4874510) is a broker with customer dispute disclosures on FINRA BrokerCheck. We reviewed his BrokerCheck report on March 6, 2026. It reflects three customer dispute disclosures. If you invested with Leandro Milititsky and have concerns, keep reading.
BrokerCheck link: BrokerCheck
BrokerCheck report: BrokerCheck Report (PDF)
Investor Disputes / Customer Complaints
Leandro Milititsky’s FINRA BrokerCheck Report reflects three customer dispute disclosures. Below are summaries of two disputes disclosed on BrokerCheck. One additional customer dispute disclosure is also listed on BrokerCheck.
On January 30, 2026, a customer alleged that Leandro Milititsky did not clearly disclose that redemptions within 12 months of an April 2025 investment in Jefferies Credit Partners BDC Inc. would trigger a 2% fee. The customer sought $5,000. Leandro Milititsky’s FINRA BrokerCheck report states that the complaint was denied on February 27, 2026.
Another complaint was received on September 13, 2022. Customers alleged that a risk profile and investment objective were set without their approval and that the accounts should have been conservative rather than speculative. Leandro Milititsky’s FINRA BrokerCheck report states that the product was options, the claimed damages were $1,362,165.80, and the complaint was denied on September 23, 2022.
Leandro Milititsky’s FINRA BrokerCheck report also lists one additional customer dispute disclosure tied to earlier employment at Citi Global Markets, Inc. Because this section is limited to two summaries, that additional dispute is not summarized here.
Rule Summary #1: FINRA Rule 2111 (Suitability)
FINRA Rule 2111 (Suitability) requires a broker to have a reasonable basis to believe a recommendation is suitable for the customer. Disputes about liquidity limits, risk tolerance, and product fit often raise questions under this rule.
Rule Summary #2: FINRA Rule 2090 (Know Your Customer)
FINRA Rule 2090 (Know Your Customer) requires firms and associated persons to use reasonable diligence to know the essential facts about each customer and the authority of anyone acting on the customer’s behalf. Complaints about account objectives, account profiles, or third-party authority can implicate this rule.
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, Leandro Milititsky:
Is currently registered with Jefferies Investment Advisers LLC and Jefferies LLC.
Has passed the Securities Industry Essentials (SIE) exam. Leandro Milititsky has passed Series 3 and Series 7. He has also passed Series 66.
Was previously registered with firms that include Leucadia Asset Management LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, and Citicorp Investment Services.
Kurta Law Can Help
If you have worked with Leandro Milititsky and you have concerns about his activity, 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: Unsuitable Investments | Securities Attorney
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.