Victor Sibilla Named in Allegations of Negligence

Victor Sibilla (CRD #: 1783361), a broker registered with WestPark Capital, is the subject of a pending dispute, according to his BrokerCheck record, accessed on August 17, 2025. Read on for more information about his alleged conduct as a broker.

Investor Disputes

On July 9, 2025, an investor named Victor Sibilla in allegations of failure to supervise, negligence, negligent misrepresentation, violation of the suitability rule, violation of Regulation Best Interest, and violation of Arizona securities laws. This pending dispute seeks $100,000 in damages.

In a dispute filed on May 26, 2017, an investor alleged that Victor Sibilla acted as a broker in a state where he was not licensed. The client sought $108,400 and received a settlement of $127,000.

FINRA Rule 3110

FINRA Rule 3110 requires that firms establish systems of supervision to maintain their compliance with securities regulations. Among other things, firms must appoint supervisors and ensure that they have adequate training or experience.

FINRA Rule 2020

FINRA Rule 2020 prohibits the use of manipulation, deception, and other fraudulent methods to influence investors’ decisions. The misrepresentation or omission of material facts violates this rule.

FINRA Rule 2111

FINRA Rule 2111 requires brokers to tailor their investment recommendations to suit investors’ profiles. These profiles contain information such as investors’ tax status, age, risk tolerance, and financial goals.

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

Regulation Best Interest

Regulation Best Interest (Reg-BI) is an SEC regulation that requires brokerage firms to put their clients’ best interests first. For example, firms must conduct reasonable due diligence when researching investments to ensure their recommendations are suitable for the investor.

FINRA Rule 2010

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

What are Blue Sky Laws?

Blue sky laws are state securities regulations that provide investors with an extra layer of protection against fraud. They typically also describe which types of investments must register with the state securities board.

Background Information

Victor Sibilla has passed the following exams:

• General Securities Principal Examination – Series 24
• Investment Banking Registered Representative Examination – Series 79TO
• Securities Industry Essentials Examination – SIE
• General Securities Representative Examination – Series 7
• Uniform Combined State Law Examination – Series 66
• Uniform Securities Agent State Law Examination – Series 63

Victor Sibilla is a registered broker in 25 states.

He has also worked for the following firms:

• Source Capital Group (CRD#:36719)
• Scottsdale Capital Advisors CORP (CRD#:118786)
• Newbridge Securities Corporation (CRD#:104065)
• Sterling Financial Investment Group (CRD#:41506)
• Joseph Charles & Association (CRD#:3949) 
• VTR Capital (CRD#:21404)
• R A F Financial Corporation (CRD#:1398)
• The Stuart-James Company (CRD#:11691) 

Kurta Law Can Help

If you worked with Victor Sibilla 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.