FINRA Ends Bar On Broker Francisco Valenzuela

Francisco Javier Valenzuela (CRD#: 2786970) is a previously registered broker and investment advisor whose last employer was Morgan Stanley (CRD#:149777) of Tucscon, AZ. His previous employers include Merrill Lynch, Pierce, Fenner & Smith Incorporated (CRD#:7691), also of Tucson, Chase Investment Services Corp. (CRD#:25574) of Nogales, AZ, and Banc One Securities Corporation (CRD#:16999) of Chicago, IL. No current employment information is available. He has been in the industry since 1996.

Valenzuela failed to respond to a request for information from FINRA, and was subsequently barred in all capacities from 10/11/2018 through 11/16/2018. He is no longer barred from affiliating with a FINRA member firm.

There are two bankruptcy entries in Valenzuela’s record. The first, dated 11/28/2017, is listed as “pending.” The second, dated 9/11/2010, is listed as “dismissed,” with no further details.

Two customer disputes have been filed against Valenzuela. The first, filed on 11/03/2008, alleged Valenzuela exhibited “suitability and misrepresentation relating to a variable annuity.” This claim was ultimately dismissed.

The second dispute, filed on 11/23/2005, alleged misrepresentation regarding the purchase of a mutual fund. The client requested damages of $26,687.32, and the case settled for $12,269.77.

Did You Invest With Francisco Valenzuela?

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