Texas Files Regulatory Action Against Sebastian Agudeloisaza

Sebastian Agudeloisaza (CRD #: 6565033), a broker formerly registered with Merrill Lynch, Pierce, Fenner & Smith, was the subject of a Texas regulatory action, according to his BrokerCheck record, accessed on June 28, 2025. Keep reading for more information about his alleged conduct as a broker.

Texas Regulatory Action

On April 30, 2025, the State of Texas alleged that Sebastian Agudeloisaza, as co-owner and only investment adviser representative of Advue Capital, LLC, sold two private placement offerings from approximately July 2019 through December 2022.

First, Sebastian Agudeloisaza allegedly facilitated investments from seven investors and four promissory notes for ION Fund, and received approximately $77,265 in commissions. Sebastian Agudeloisaza and his co-owner were allegedly among these investors, while Advue Capital allegedly served as general partner of the ION Fund limited partnership.

Sebastian Agudeloisaza allegedly failed to update the Form ADV or other disclosure document to inform clients that Advue would receive fees in connection with their ION Fund investments and promissory notes.

Next, he allegedly recommended that three investors invest in Rainmaker, in addition to his co-owner and Advue Capital. However, all of these funds were allegedly lost through forex trading.

During the relevant period, Sebastian Agudeloisaza was allegedly also not registered as an agent or dealer with the Texas Securities Commissioner.

The State of Texas suspended Sebastian Agudeloisaza in all capacities for six months. His suspension began on April 30, 2025, and will end on October 28, 2025. He was also subject to unspecified undertakings.

FINRA Rule 2010

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade.

Background Information

Sebastian Agudeloisaza has passed the following exams:

• National Commodity Futures Examination – Series 3
• Securities Industry Essentials Examination – SIE
• General Securities Representative Examination – Series 7
• Uniform Combined State Law Examination – Series 66

He has also worked for Merrill Lynch, Pierce, Fenner & Smith (CRD#:7691).

Kurta Law Can Help

If you worked with Sebastian Agudeloisaza 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.