Investors might have sustained losses due to securities broker Brian Arthur Salerno [CRD: 6556591, Lake Mary, Florida], according to disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Salerno joined CNR Securities LLC on November 24, 2015, and City National Rochdale on October 8, 2015. Keep reading to learn more about Salerno’s regulatory disclosures.
Florida Sanctioned Salerno For Unregistered Investment Advice
The Florida Office of Financial Regulation sanctioned Brian Salerno on October 27, 2023, for engaging in unregistered investment advisory activities relating to City National Rochdale LLC. Salerno was ordered to cease and desist and to pay a fine of $45,500. Case No. Bi, 116642-SR. Without admitting to the allegations, Salerno consented to the regulator’s findings of his misconduct.
Brian Salerno’s Registration Denied By Florida Regulator For Failing To Respond
Evidently, the Florida Office of Financial Regulation issued Case: 2021.DOS.2.OFR on January 13, 2021, sanctioning Brian Salerno. Allegedly, Salerno failed to respond timely to the Office's request for information, constituting a violation of Florida rules. Because of this, Salerno was denied registration.
Did You Sustain Losses Because Of Brian Salerno?
Did you experience losses because of Brian Salerno? If so, reach out to Soreide Law Group online or at (888) 760-6552 and talk with a securities attorney about a possible recovery of your investment losses. Soreide Law Group has recovered losses for investors across the country, works on a contingency fee basis, and advances all costs. Salerno and brokerage firms he worked for deny any allegations of sales practice violations.
