Last Updated: October 2023 (Lutz, FL)
Jesse Bravo Investigation Summary
Here’s what you need to know about Lutz, FL, stockbroker Jesse Bravo:
- Name: Mr. Jesus Manuel Bravo
- Current Employer: DMK Advisor Group
- Previous Firms: CBC Securities, Joseph Stone Capital, Salomon Whitney, EKN Financial
- Function: Stock Broker/ Financial Advisor
- Aliases: Jesse Bravo
- Primary Location: Lutz, Florida
- CRD 2838164
- Can Jesse Bravo be sued in FINRA arbitration: Yes
- Sanctioned by Securities Regulators: Yes
- Discloses prior bankruptcy: Yes
- Discloses outstanding judgment/lien: Yes
- Highest Settlement or Award: $8,800
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
See this for information on our other investigations of Joseph Stone Capital
Did You Lose Money With Jesse Bravo As Your Stockbroker?
In 2022 FINRA suspended Jesse Bravo for three months and ordered that he pay restitution of $10,234. These sanctions were imposed to resolve regulatory allegations that he recommended trades which caused excessive trading (Churning) in violation of FINRA Rules 2111 and 2010. The findings stated that Bravo caused a senior customer to place trades with a principal value of more than $224,000 in an account with an average equity of less than $9,500.
Jesse Bravo was previously suspended by FINRA in 2012 for one year for sharing commissions with an unregistered person.
According to FINRA records Bravo was discharged from Chapter 7 bankruptcy in 2017, and he has a currently outstanding judgment/lien in favor of the Internal Revenue Service in the amount of $14,377 filed in 2019 in Nassau County, NY.
Allegations of Broker Misconduct Against Jesse Bravo
Customers of Jesse Bravo have alleged the following wrongdoing in connection with the handling of customer accounts:
- Unsuitable Investment Recommendation
- Excessive Trading in Account of a Senior Customer
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
If you have suffered investment losses in an account handled by Jesse Bravo, contact us for a complimentary consultation with an experience 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.