Investor Names Salvatore Baio in Suitability Allegations 

Salvatore Baio (CRD #: 5362800), a broker registered with UBS Financial Services, is involved in an investor dispute, according to his BrokerCheck record, accessed on May 14, 2025. Keep reading for more details about his alleged conduct as a broker.

Investor Dispute

On February 26, 2025, an investor named Salvatore Baio in allegations of failure to supervise in connection with the suitability of certain investments. The client seeks $50,000 in damages in this pending dispute.

FINRA Rule 3110

FINRA Rule 3110 requires that firms establish systems of supervision to maintain their compliance with securities regulations. Firms must appoint supervisors and provide them with Written Supervisory Procedures (WSPs) to follow.

FINRA Rule 2111

FINRA Rule 2111 requires brokers to take investors’ profiles into account when recommending investments. An investor’s profile contains the following characteristics:

• Age
• Financial goals
• Risk tolerance
• Time horizon (i.e., how long the investor plans to hold the investment)
• Investing experience
• Tax status

Investors who rely on brokers for recommendations may be able to recover their losses through FINRA arbitration.

Background Information

Salvatore Baio has passed the following exams:

• General Securities Sales Supervisor – General Module Examination – Series 10
• General Securities Sales Supervisor – Options Module Examination – Series 9
• Securities Industry Essentials Examination – SIE
• National Commodity Futures Examination – Series 3
• General Securities Representative Examination – Series 7
• Uniform Combined State Law Examination – Series 66

Salvatore Baio is a registered broker in all 50 states as well as the District of Columbia, Puerto Rico, and the Virgin Islands. He is also a registered investment adviser in New Jersey and New York.

He has also worked for the following firms:

• Stifel, Nicolaus & Company (CRD#:793)
• Barclays Capital (CRD#:19714)
• Oppenheimer & Company (CRD#:249)

Kurta Law Can Help

If you worked with Salvatore Baio 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 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.