Rudy Anguiano Terminated After LPL FINANCIAL LLC Allegations – Goodman & Nekvasil, P.A., May Recover Investor Losses
Rudy Anguiano Terminated After LPL FINANCIAL LLC Allegations.
Anguiano Allegedly Engaged in Outside Business Activity without Prior Notice
Rudy Anguiano (CRD#: 5188950), a broker for ALEXANDER CAPITAL, L.P. in RED BANK, NJ, was terminated by his previous broker dealer. According to LPL FINANCIAL LLC, Anguiano allegedly engaged in outside business activity without prior notice and approval; and participated in and directed clients to private investments.
According to FINRA, outside business activities (“OBAs”) present serious risks to investors when they are not properly disclosed, supervised, and approved by a brokerage firm. FINRA rules require registered representatives to notify their firm of any outside business so the firm can determine whether the activity creates conflicts of interest, involves securities transactions, or exposes customers to potential fraud or misuse of funds.
Rule 3280 Private Securities Transactions of an Associated Person
FINRA Bars Rudy Anguiano Concerning $1.7 Million in Customer Funds
In a recent FINRA enforcement action, Rudy Anguiano (CRD#: 5188950) was barred from associating with any FINRA member firm after FINRA found that he improperly transferred approximately $1.731 million from two customers’ accounts into a bank account belonging to an outside business he solely owned and controlled.
According to FINRA, the transfers occurred between July 2023 and August 2025 and were not authorized by the customers. FINRA found that Anguiano violated FINRA Rule 2150 concerning the improper use of customer funds and FINRA Rule 2010 concerning standards of commercial honor and principles of trade.
The enforcement action follows Anguiano’s prior termination by LPL Financial after the firm determined that he failed to disclose an outside business activity. Investors who previously worked with Rudy Anguiano or believe their funds were improperly handled may wish to review their account records and consider whether they have a potential investment loss or securities claim.
Call 800-500-4442 if you think that you have received unsuitable investment recommendations from your broker.
Rudy Anguiano Terminated After LPL FINANCIAL LLC 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 $500 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 1/27/26. If you believe this information was reported incorrectly, please contact our firm: 1-800-500-4442.