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Mario Rivero Barred By FINRA Following His Refusal to Provide Documents

Jul 14, 2021 Barred Broker

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 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, contact Kurta Law today. Call 212-658-1502 or email jkurta@kurtalawfirm.com.

 

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