Securities Arbitration Lawyers BlogFormer South Florida-based LPL Financial Broker Pedro O. Diaz Under Investigations After Termination from LPL Financial
Silver Law Group is investigating former Coconut Creek, Florida-based LPL Financial broker Pedro O. Diaz (CRD# 4877003) after LPL Financial discharged him for short-term trading in mutual funds. Short-term trading in mutual funds, according to Diaz’s FINRA BrokerCheck report, a violation of LPL Financial’s policies.
LPL Financial had employed Diaz since March 2010 and terminated him in December 2017. Now, Newbridge Securities Corporation employs Diaz at its Boca Raton, Florida branch.
Diaz, who has been in the securities industry at South Florida brokerage firms for 12 years, also is an insurance agent. Diaz sells fixed annuities and spends 10 percent of his time doing so.