FINRA Sanctions Gaetano Ciambriello

Soreide Law Group is investigating possible investor claims against securities broker Gaetano Ciambriello (also known as Gaetano Salvatore Ciambriello) [CRD: 6948879, New York, NY]. Mainly, FINRA sanctioned the securities broker, who worked for Citigroup Global Markets Inc. Allegedly, Ciambriello failed to testify when FINRA investigated the securities broker for potential FINRA rule violations. Here is a brief summary of FINRA’s allegations against Ciambriello.

FINRA Sanctions Ciambriello For Failure To Testify

Evidently, on December 14, 2021, FINRA issued Case: 2020067213401 punishing Ciambriello. Specifically, Gaetano Ciambriello was barred as a securities broker, so he cannot work as a broker and in other capacities for FINRA member firms. Notably, FINRA alleged that Ciambriello failed to testify when it probed the securities broker for potential FINRA rule infractions pertaining to an outside business activity. The regulator’s rules call for brokers to cooperate in investigations or else face severe punishment.

Ciambriello Employment Information

Ciambriello worked for Citigroup Global Markets Inc. in New York, NY, as a securities broker from August of 2019 to July of 2020. Citigroup Global Markets Inc. disaffiliated with Ciambriello on June 12, 2020.

Did Citigroup Global Markets Inc. Securities Broker Gaetano Ciambriello Cause You To Experience Damages?

Did you suffer damages by investing with Ciambriello? If so, contact Soreide Law Group at (888) 760-6552 and speak with a securities lawyer about a possible recovery of your investment losses. Soreide Law Group, who has successfully recovered money for hundreds of investors in all 50 states, represents clients on a contingency fee basis and advances all costs. The firm will take the time to fully understand your situation and will carefully explain your legal options. Ciambriello and brokerage firms Ciambriello worked for deny any and all allegations of sales practice violations.