Last Updated: September 2025 (Houston, Texas)
Juan Rascon Investigation Summary
Here’s what you need to know about Houston, Texas, stockbroker Juan Rascon:
- Name: Juan Manuel Rascon
- Current Employer: Cetera Investment Services
- DBA: S & A Wealth Management, Lion Street Financial
- Previous Firms: BBVA Wealth Solutions, J.P. Morgan Securities
- Function: Stock Broker/ Financial Advisor
- Aliases: Juan Rascon
- Primary Location: Houston, Texas
- CRD 5631144
- Can Juan Rascon be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: No
- Highest Settlement or Award: $24,000
- Pending Customer Dispute Seeks Damages of unspecified amount
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Juan Rascon As Your Stockbroker?
In 7/2025 a customer of Cetera filed a FINRA arbitration alleging that Rascon made unsuitable recommendations to invest in structured products. No damage amount has been specified in this pending matter.
Structured Products: Sometimes referred to as market-linked investments, Structured Products are pre-packaged investments whose performance is linked to an underlying asset, product or index. ( a single security, basket of securities, options, indicies, commodities, debt issuance, foreign currencies or derivatives). See this for FINRA’s Investor Insights “Understanding Structured Notes with Principal Protection”
A customer of BBVA Securities filed a FINRA arbitration in 4/2023 alleging that Juan Rascon and Cetera breached their fiduciary duty by allowing her to pledge her sole property assets against the joint debt of her and her now former husband and by allowing her to make equity investments in a self-directed account. THe case was settled for $15,000 in 11/2024.
Another customer of BBVA Securities was paid $24,000 to resolve allegations that Rascon did not adequately explain the terms of certificates of deposit that were recommended.
Allegations of Broker Misconduct Against Juan Rascon
Customers of Juan Rascon have alleged the following wrongdoing in connection with the handling of customer accounts:
- Breach of fiduciary duty
- Inadequate disclosure
- Unsuitable recommendation to invest in structured products
[LEARN MORE]: Firms Have a Duty to Supervise their Financial Advisors (FINRA Rules 3110 & 2090)
Brokers and their firms have a duty to comply with the FINRA suitability rule which requires that they have a reasonable basis to believe that a recommendation is suitable for the customer.
[LEARN MORE]: FINRA Rule 2111- suitability – Regulation Best Interest
The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.
Recover Your Investment Losses Now With Rex Securities Law
[LEARN MORE]: Our Investigations of other Cetera brokers
Investigation of Cetera Financial Brokers-Lawsuits, Arbitrations & Disputes
If you have suffered investment losses in an account handled by Juan Rascon, contact us for a complimentary consultation with an experienced securities lawyer to learn how you may be able to recover damages through FINRA arbitration.
With offices in Boca Raton, FL and Austin, TX, stockbroker fraud attorney Bob Rex provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers, financial advisors and broker dealers.
If you have questions about how your account has been handled, call (877) 224-3199 to speak with an experienced securities attorney at no cost to you.
Most cases are handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.