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Mario Rivero Barred By FINRA Following His Refusal to Provide Documents

Mario Rivero (CRD #: 5856503), a broker formerly registered with LPL Financial, has been barred by FINRA, according to his BrokerCheck record, accessed on July 7, 2021. According to FINRA’s allegations, Rivero refused to respond to requests for information regarding customer complaints.

On June 4, 2021, Mario Rivero entered into an Acceptance, Waiver, and Consent agreement (AWC) with FINRA. This is a type of agreement that allows Rivero to consent to FINRA’s findings without admitting or denying the allegations. In the AWC, FINRA alleged that Rivero acknowledged that he received FINRA’s request for documents related to customer complaints but indicated that he would not produce the information or documents requested at any time.

BrokerCheck does not reveal the substance of the investor complaints.

The FINRA bar will prevent Rivero from associating with any FINRA firm in any capacity.

You can read a copy of the AWC here.

Mario Rivero Background Information

Rivero has passed the following exams:

  • Series 66 Uniform Combined State Law Examination
  • Series 63 Uniform Securities Agent State Law Examination
  • Securities Industry Essentials Examination
  • Series 7 General Securities Representative Examination 
  • Series 6 Investment Company Products/ Variable Contracts Representative Examination

Mario Rivero has worked for the following firms:

  • LPL Financial (CRD #: 6413)
  • Wells Fargo Clearing Services (CRD #: 19616)

Kurta Law Can Help 

If you worked with Mario Rivero and you have concerns about your investments, please contact us today at 877-600-0098 or info@kurtalawfirm.com for a free consultation.

For over 20 years, Kurta Law has advocated on behalf of investors who want to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm and 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. 

 

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