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Nogales Advisor Ernesto Chavez Receives Bond Complaint
Emerson Equities financial advisor Ernesto Chavez (CRD# 4315877) recently received an investor complaint alleging his conduct resulted in losses. Financial Industry Regulatory Authority records show that he is a broker and an investment advisor based in Nogales, Arizona, having previously been registered with Western International Securities.
Mr. Chavez’s BrokerCheck report discloses one investor complaint. Filed in September 2022, it alleges that as a representative of Western International Securities, he breached contract in connection with the recommendation of a corporate bond investment. The pending complaint alleges damages of $50,000.
FINRA Rule 2010 mandates that FINRA-associated persons must “observe high standards of commercial honor and just and equitable principles of trade.” Breach of contract is one variety of unethical conduct that may be found to constitute a violation of FINRA Rule 2010; others include the failure to follow an investor’s instructions. More information on this rule is available via FINRA.
According to the Financial Industry Regulatory Authority, Ernesto Chavez holds 21 years of securities industry experience. Based in San Mateo, California and Nogales, Arizona, he has been a broker and an investment advisor with Emerson Equities since 2022. His past registrations include Western International Securities (Nogales, Arizona; 2015-2022), JP Turner & Company (Nogales, Arizona; 2010-2015), United Planners’ Financial Services of America (Scottsdale, Arizona; 2010), and Edward Jones (Nogales, Arizona; 2001-2010). His credentials include the passage of four securities industry qualifying exams: the General Securities Representative Examination, or Series 7; the Securities Industry Essentials Examination, or SIE; the Uniform Securities Agent State Law Examination, or Series 63; and the Uniform Combined State Law Examination, or Series 66. He is licensed in Arizona, California, and New Mexico. (Information current as of October 26, 2022.)
Carlson Law represents investors throughout the United States in claims against financial advisors and investment firms. If you or a loved one have suffered investment losses, please call us at 888-976-6111 or complete our contact form for a free and confidential consultation.