Close Menu
Free Consultation: 888-976-6111

Guillermo Valladolid: Morgan Stanley Advisor Barred By Regulator

Guillermo William Valladolid, a former financial advisor in Morgan Stanley’s La Jolla, California, office, has been barred by the Financial Industry Regulatory Authority (FINRA). This comes after Valladolid was discharged from Morgan Stanley for “allegations involving [Valladolid’s] outside business activities.”

FINRA began an investigation into Valladoid shortly after his July 2017 termination from Morgan Stanley. As with every FINRA investigation, FINRA sent a letter to Valladolid seeking documents and information. According to FINRA, it was investigating allegations that Valladolid “sold investments away from his FINRA regulated employer and engaged in an undisclosed outside business.”  Selling away is when a financial advisor offers investments to a customer that are not approved by the firm.

According to FINRA, Valladolid informed FINRA that he would not be cooperating with FINRA’s inquiry. Based on his failure to cooperate, Valladolid violated FINRA Rules 8210 and 2010. Valladolid consented to the bar by signing a Letter of Acceptance, Waiver, and Consent with FINRA.

In April 2015, Valladolid voluntarily resigned from Merrill Lynch after allegations that he failed to escalate a customer complaint to management.

Facebook Twitter LinkedIn
Contact Us For A Free Case Evaluation
protected by reCAPTCHA Privacy - Terms
Latest Blog Posts
  • John Yin: Ex-Cetera Advisor Faces $500k-$1mm Complaint

    City of Industry, California financial advisor John Yin (CRD# 3249933) allegedly recommended unsuitable investments, according to a recent investor complaint....

    Read More
  • Devin Garofalo: $216K Complaint Against Colonial River Advisor

    Midlothian, Virginia financial advisor Devin Garofalo (CRD# 4853435) recently received an investor complaint alleging that his conduct resulted in six-figure...

    Read More
  • Derek Martin: 56 Capital Denies $300K Complaint Against Advisor

    Colorado Springs financial advisor Derek Martin (CRD# 6059805) recently received an investor complaint alleging that his conduct resulted in losses....

    Read More
  • Ran Regev: $150K Complaint Against Regev Financial Advisor

    Fort Lauderdale financial advisor Ran Regev (CRD# 5469190) allegedly made unsuitable trades, according to a recent six-figure investor complaint. Financial...

    Read More
  • Previous
  • Next