Michael Miro Suspended After FINRA Allegations – Goodman & Nekvasil, P.A., May Recover Investor Losses
Former BMO CAPITAL MARKETS CORP. broker, Michael Miro Suspended After FINRA Allegations.
MICHAEL LOUIS MIRO
CRD#: 6541594
MICHAEL LOUIS MIRO (CRD#: 6541594), a former registered representative for BMO CAPITAL MARKETS CORP. in New York, NY, consented to a three-month suspension from associating with any FINRA member in all capacities, and a $5,000.00 fine.
According to Miro’s FINRA BrokerCheck Report, Without admitting or denying the findings, Miro consented to the sanctions and to the entry of findings that he engaged in an OBA without providing prior written notice to his member firm.
Between April 2022 and May 2023, Miro received at least $160,000 in compensation for his consulting services to the financial technology provider. Miro did not notify or seek approval from his firm before engaging in these activities in exchange for compensation. Rather, in his April 2022 onboarding questionnaire, Miro falsely stated that he was not “currently engaged in any other business,” and in an annual firm compliance certification, Miro falsely attested that he was not engaged in any undisclosed OBAs, according to FINRA findings.
Michael Miro Suspended After FINRA Allegations.
Goodman & Nekvasil, P.A. is investigating brokers who may have unsuitably recommended investments to their clients.
St. Petersburg, Florida law firm Goodman & Nekvasil, P.A., has a national practice representing victimized investors. The firm continues to investigate brokerage firms that placed elderly retirees and other conservative investors in unsuitable investments.
Goodman & Nekvasil, P.A., has filed numerous cases against brokerage firms selling high-risk investments and has recovered more than $400 million dollars on behalf of victimized investors.
We allege in these cases that these investment recommendations were unsuitable for our clients in view of their financial situation, needs and investment objectives.
There is no charge for an evaluation of your case. We handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee.
If you incurred losses on your investment and would like your case evaluated by a securities attorney, please contact us.
Some of the information in this blog post was obtained from FINRA on 2/28/25. If you believe this information was reported incorrectly, please contact our firm: 1-800-500-4442.