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Florida Broker Salim Lyazidi Permanently Barred by FINRA

Broker Salim Lyazidi (CRD# 4617448) was permanently barred by FINRA commencing on March 9, 2015, for failing to respond to a FINRA request for information, pursuant to FINRA Rule 9552(d). Lyazidi is barred from association with any FINRA member in any capacity. Lyazidi failed to request termination of his suspension within 3 months of the date of his Notice of Suspension, and therefore, was automatically barred by FINRA (FINRA Rule 9552(h)).

Lyazidi first became a registered securities broker in 2003 and was employed by the following broker-dealers from 2003- 2014: Citigroup Global Markets Inc. (Coral Gables, FL), Banc of America Investment Services, Inc. (Miami, FL), Pointe Capital, Inc. (Boca Raton, FL), JHS Capital Advisors, LLC (Coconut Grove, FL), Kovack Securities Inc. (Coconut Grove, FL), and Cabot Lodge Securities LLC (New York, NY).

According to FINRA, in 2014 a customer accused Lyazidi of irregular transactions and false documentation apparently created and submitted by Lyazidi himself. Lyazidi settled the claim with the customer. Furthermore, felony criminal charges are currently pending against Lyazidi for credit card or debit card abuse in a Texas court.

If you invested money with Salim Lyazidi or his firms and suffered losses, you may be entitled to recover some or all of those investment losses. Please call our securities law firm toll free at (800) 975-4345 to speak with an experienced attorney and to find out how we may be able to help you regain some or all of your losses. Most cases are handled on a contingent fee basis, meaning that you do not pay legal fees unless we are successful in your lawsuit.

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