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Leonardo Hernandez Facing a FINRA Suspension

Leonardo Hernandez (CRD #: 4807141) has been suspended by FINRA. This is according to his BrokerCheck record, accessed on May 13, 2024. Keep reading if you have questions regarding his alleged conduct. 

FINRA Suspension 

On March 20, 2024, Leonardo Hernandez allegedly failed to comply with an arbitration award or settlement or to satisfactorily respond to a FINRA request to provide information concerning the status of a compliance.

The suspension will continue until the required payment is made or discharged. 

An award found Leonardo Hernandez liable for over $60,000. You can read a copy of the award here.

High Standards of Commercial Honor 

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Failure to comply with arbitration awards may violate this rule.

Background Information 

Leonardo Hernandez has passed the following exams:

  • Series 66 Uniform Combined State Law Examination 
  • Series 6TO Investment Company Products/Variable Contracts Representative Examination 
  • SIE – Securities Industry Essentials Examination 
  • Series 7 General Securities Representative Examination 

During his 18 years of experience, Leonardo Hernandez has registered with 16 firms. These are the five most recent: 

  • CitiGroup Global Markets (CRD #: 7059) 
  • LPL Financial (CRD #: 6413) 
  • Financial Resources Group Investment Services (CRD #: 170845) 
  • B. Riley Wealth Management (CRD #: 2543) 
  • MML Investors Services (CRD #: 10409) 

Kurta Law Can Help 

If you have worked with Leonardo Hernandez and have concerns about your investments, do not hesitate to contact us at 877-600-0098 or email 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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