Last Updated: July 2025 – New York, New York
Here’s what you need to know about New York, NY stockbroker Richard M. Ciraco:
- Name: Richard Michael Ciraco
- CRD Number: 825969
- Current Employer: J.P. Morgan Securities LLC
- Prior Employers: Bear, Stearns & Co. Inc., Prudential-Bache Securities Inc., Home Capital Services Inc.
- Function: Stockbroker / Financial Advisor
- Primary Location: New York, NY
- Can Richard Ciraco be sued in FINRA arbitration? Yes
- Sanctioned by FINRA? No
- Pending Customer Dispute Seeks Damages of: $450,000
If you’ve sustained damages from Mr. Ciraco, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Richard Ciraco As Your Stockbroker?
On June 26, 2025, a FINRA arbitration (Case No. 25-01215) was filed alleging that Richard Ciraco made unsuitable investment recommendations and offered poor advice involving 529 plans and margin accounts. The activity spanned from 2015 to January 2025, and the customer seeks $450,000 in damages.
Mr. Ciraco was involved in a $6.94 million repurchase settlement related to Auction Rate Securities (ARS) in 2009.
Allegations of Broker Misconduct Against Richard Ciraco
- Unsuitable recommendations and poor advice concerning mutual funds, 529 accounts, and margin
Investigations Involving Misuse of Margin Borrowing
Recover Your Investment Losses Now With Rex Securities Law
Our Investigations of other J.P. Morgan Brokers
If you have suffered investment losses in an account handled by Richard M. Ciraco, 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.