Walter Osvaldo Vazquez (Walter Vazquez) – Financial Advisor/Broker Walter Vazquez Suspended from Securities Industry | Goodman & Nekvasil, P.A. May Recover Investor Losses
Walter Osvaldo Vazquez (Walter Vazquez) CRD #4485011
Walter Vazquez was a previously licensed financial advisor with Pruco Securities LLC and Summit Brokerage Services Inc. According to Walter Vazquez’ BrokerCheck report, Walter Vazquez was suspended from the securities industry for six months and fined $15,000 in October 2020.
According to FINRA Allegations:
Between May 2017 and December 2019, Vazquez engaged in an undisclosed outside business activity (OBA) by working for a tax and accounting company for compensation. As a result, Vazquez violated FINRA Rules 3270 and 2010. Between May 2017 and June 2018, Vazquez used two personal email accounts to send and receive emails without providing copies to his employing firm, thereby preventing the firm from capturing the securities-related communications. As a result, Vazquez violated FINRA Rules 4511 and 2010. In addition, between August 2015 and March 2018, while associated with two member firms, Vazquez created and provided sixteen consolidated account statements to one customer. The consolidated statements did not identify the firm with which Vazquez was associated at the time and did not differentiate between the assets held at the member firm and those held away. Thirteen of the consolidated statements included impermissible income projections. In addition, seven of the sixteen consolidated statements included inaccurate asset lists and valuations. As a result of the foregoing, Vazquez violated FINRA Rules 2210(d)(1)(A), 2210(d)(1)(B), 2210(d)(1)(F), 2210(d)(3), and 2010.
Goodman & Nekvasil P.A. May Recover Investor Losses
If you lost money on investments with Walter Vazquez and believe the investments may have been unsuitable or otherwise improper for you, we would like to discuss the possibility of your retaining our firm to represent you in an arbitration action concerning Walter Vazquez’ conduct. There is no charge for an evaluation of your case. Further, we handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee. Unless you recover any money, you pay us nothing, not even the costs and expenses which the firm will advance on your behalf.
Kalju Nekvasil, Esq., formerly regional counsel with the NASD, now known as FINRA, has practiced in this area of the law for more than 35 years. Goodman & Nekvasil, P.A. has recovered more than $180 million on behalf of victimized investors. If you lost money on investments with Walter Vazquez and would like your case evaluated by a securities attorney (again, there is no charge for an evaluation and all cases are handled on a purely contingency fee basis), please contact us.
Some of the information in this blog post was obtained on 10/5/2020 directly from FINRA BrokerCheck, without any changes. If you believe this information was reported incorrectly, please contact our firm at 1-800-500-4442.