Last Updated: December 2023 (Coconut Grove, Florida)
Emilio Vazquez Investigation Summary
Here’s what you need to know about Coconut Grove, FL, stockbroker Emilio Vazquez:
- Name: Mr. Emilio A. Vazquez
- Current Employer: Osaic Institutions Inc. (formerly Infinex Investments)
- Previous Firms: Citicorp Investment Services
- Function: Stock Broker/ Financial Advisor
- Aliases: Emilio Vazquez
- Primary Location: Coconut Grove, FL
- CRD 3222414
- Can Emilio Vazquez be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: No
- Highest Settlement or Award:$77,500
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Emilio Vazquez As Your Stockbroker?
In 2023 a customer of Infinex Investments (now Osaic Institutions) was paid $42,500 to resolve a FINRA arbitration which alleged that Emilio Vazquez made false representations and misrepresented the risks and features of a fixed annuity.
Another Infinex Investments was paid $77,500 in 2022 to resolve allegations that Emilio Vazquez made an unsuitable recommendation to invest in a non-traded REIT (real estate investment trust).
Allegations of Broker Misconduct Against Emilio Vazquez
Customers of Emilio Vazquez have alleged the following wrongdoing in connection with the handling of customer accounts:
- Unsuitable Investment Recommendation to invest in an alternative investment (REIT)
- Misrepresented the risks and features of a fixed annuity
Alternative Investments: These are assets that are not stocks, bonds or cash. Alternative investments generally fall within five categories: hedge funds, private capital, natural resources (oil and gas, energy), real estate (REITs) and infrastructure. They are typically less liquid that conventional investments, less regulated with higher fees and generally higher risk.
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
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. FINRA Rule 2111- suitability
If you have suffered investment losses in an account handled by Emilio Vazquez, 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.
