FINRA Sanctions Fernando Silva

Soreide Law Group is looking into possible investor claims against securities broker Fernando Silva (CRD: 7326519, Tucson, Arizona). Particularly, FINRA sanctioned the securities broker, who worked for Morgan Stanley. Allegedly, Silva did not cooperate with a FINRA investigation. Here is a brief summary of FINRA’s allegations against Silva.

Silva Sanctioned By FINRA For Failure To Provide Information

Particularly, FINRA issued Case: 2022076360101 on December 6, 2022, sanctioning Fernando Silva for infractions. Allegedly, Silva did not provide documents and information to FINRA during its investigation into possible violations of FINRA rules, including misappropriation of client funds. Therefore, Silva was barred. Notably, this means that he cannot associate with FINRA-member entities as a securities broker or in other capacities.

Morgan Stanley Disaffiliates With Fernando Silva For Potential Misappropriation

Also, on September 8, 2022, Morgan Stanley disaffiliated with Silva. Evidently, Morgan Stanley alleged that Silva potentially misappropriated funds.

Damages Resulting From Morgan Stanley Securities Broker Silva?

Have you experienced damages because of Fernando Silva? If so, contact Soreide Law Group at (888) 760-6552 and speak with a securities lawyer regarding a potential recovery of your investment losses. Soreide Law Group, who has successfully recovered money for hundreds of investors throughout the United States, represents clients on a contingency fee basis and will advance all costs. Please keep in mind that Silva and brokerage firms Silva worked for deny all allegations of sales practice violations.