Lyhen Fiallo: FINRA Bars Primerica Advisor

Former Hialeah, Florida financial advisor Lyhen Fiallo (CRD# 4579582) was recently sanctioned and barred in connection with alleged rule violations. Financial Industry Regulatory Authority records show that she was most recently registered as a broker with PFS Investments, also known as Primerica.

A Letter of Acceptance, Waiver, and Consent (No. 2025088525001) describes FINRA’s disciplinary action against Ms. Fiallo. Filed in January 2026, it states that she refused to produce documents and information requested by FINRA as part of its investigation into her “potential involvement with borrowing from a securities customer.” As the Letter notes, FINRA Rule 8210 empowers FINRA to require persons under its jurisdiction to provide information and documents requested as part of matters under its investigation; it also provides that such persons shall not fail to comply with such requests. Violations of Rule 8210 are considered violations of FINRA Rule 2010, which stipulates that persons associated with FINRA member firms must “observe high standards of commercial honor and just and equitable principles of trade.” Finding that Ms. Fiallo violated these rules, FINRA barred her from associating with any member firm in any capacity.

According to the Financial Industry Regulatory Authority, Lyhen Fiallo holds four years of securities industry experience. Most recently based in Hialeah, Florida, she was last registered as a broker with PFS Investments, also known as Primerica, from 2020 until 2024. Her credentials include the passage of four securities industry qualifying exams: the Securities Industry Essentials Examination, or SIE; the Uniform Securities Agent State Law Examination, or Series 63; the Investment Company Products/Variable Contracts Representative Examination, or Series 6TO; and the Investment Company Products/Variable Contracts Principal Examination, or Series 26. She is no longer registered as a broker, having been barred by FINRA. (Information current as of January 26, 2026.)

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