|

February 10, 2012

Key Biscayne, Florida Rep Fined and Suspended by FINRA

business man holding his head with text asking questions about stock broker misconduct

The following information was obtained on FINRA’s website’s ‘Disciplinary Actions, January 2012.”

Marcela Zamora Erana (CRD #4450935, Registered Principal, Key Biscayne, Florida)

submitted a Letter of Acceptance, Waiver and Consent in which she was fined $5,000

and suspended from association with any FINRA member in any capacity for one month.

Without admitting or denying the findings, Erana consented to these described sanctions and to the entry of findings that a registered representative serviced customer discretionary accounts and the customers agreed to continue to short U.S. Treasuries as the price of the Treasuries increased, and margin calls occurred with more frequency, with the understanding that the representative would monitor their positions and that if the prices continued to increase and reached a particular price, which varied by customer and was also dependent on individual margin levels, the representative would execute transactions in their accounts to cover the short positions to limit their losses.

These findings stated that the price of the U.S. Treasuries continued to rise and exceeded the prices at which the representative had agreed to cover the short positions, but the representative failed to cover short positions at the agreed-upon prices after Erana instructed him not to execute the transactions.

The suspension was in effect from December 5, 2011, through January 4, 2012.

(FINRA Case #2009016028501)

The information from FINRA’s website has ended.

Securities Attorney, Lars Soreide, of Soreide Law Group, PLLC, has represented clients nationwide. If you or a family member have sustained investment losses through Marcela Zamora Erana of Key Biscayne, FL, or similar losses due to your stock broker or financial advisor’s recommendations, call for a free consultation on how to potentially recover your losses. To speak with an attorney call 888-760-6552, or visit our website at: www.securitieslawyer.com.

Soreide Law Group, PLLC., representing investors nationwide before FINRA the Financial Industry Regulatory Authority.

Contact us

S H A R E T H I S P O S T

Recent Posts

August 30, 2026

Matthew Carbray Connected To Kestra Investor Arbitration Claim Regarding Unsuitable Advice

Investors potentially experienced sales practice violations by securities broker Matthew R. Carbray [CRD: 4565811, Northampton, Massachusetts], based on public information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Carbray has worked for Kestra Investment Services LLC since July 21, 2006, and Kestra Advisory Services LLC since April 19, 2016. Continue reading to learn more about Carbray’s […]

August 30, 2026

Juan Benavides Linked To Merrill Lynch Investor Complaint Regarding Failure To Execute

Investors apparently complained about securities broker Juan Pablo Benavides [CRD: 4288007, Miami, Florida], given the public information found on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Benavides has worked for Merrill Lynch as a securities broker since November 22, 2000, and as a financial advisor since March 15, 2004. See below to find out more about […]

August 30, 2026

Sandy Leff Involved In Carter Terry Company Inc. Investor Complaint Regarding Unsuitable Advice

Investors potentially incurred losses because of securities broker Sandy Meyer Leff [CRD: 1796695, Atlanta, Georgia], according to information disclosed through Financial Industry Regulatory Authority (FINRA) BrokerCheck. Leff has worked for Carter Terry Company Inc. as a securities broker since October 6, 2016, and as a financial advisor since October 21, 2016. Keep reading to discover […]

Contact us Nationwide USA

2401 E. Atlantic Blvd., Suite 305, Pompano Beach, FL 33062

Phone: 1-888-760-6552
Fax: 1-954-760-6553
Email: info@securitieslawyer.com

Helping clients recover money across the USA