{"id":11937,"date":"2026-06-12T12:21:20","date_gmt":"2026-06-12T16:21:20","guid":{"rendered":"https:\/\/www.silverlaw.com\/blog\/?p=11937"},"modified":"2026-06-12T12:21:20","modified_gmt":"2026-06-12T16:21:20","slug":"eric-fiallo-barred-after-borrowing-from-client","status":"publish","type":"post","link":"https:\/\/www.silverlaw.com\/blog\/eric-fiallo-barred-after-borrowing-from-client\/","title":{"rendered":"Eric Fiallo Barred After Borrowing From Client"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-11938 size-full\" src=\"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2026\/06\/Blog-Graphics30.png\" alt=\"Eric Fiallo (CRD# 5123703) is a former registered broker last employed with PFS Investments Inc. (CRD# 10111) of Hialeah, FL, from 2008 through 2025.\n\nFiallo resigned from PFS Investments on 6\/2\/2026 while under an internal review following allegations of borrowing money from a firm client. FINRA reviewed Fiallo\u2019s Form U5 filed by PFS Investments and began investigating. On October 14, 2025, FINRA sent Fiallo a request for documents and information related to the investigation. In an email dated November 14, 2025, Fiallo responded to FINRA\u2019s request, stating that although he received the request, he would not provide documentation and information as requested.\" width=\"300\" height=\"200\" srcset=\"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2026\/06\/Blog-Graphics30.png 300w, https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2026\/06\/Blog-Graphics30-180x120.png 180w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/>Eric Fiallo (CRD# <a href=\"https:\/\/brokercheck.finra.org\/individual\/summary\/5123703\" target=\"_blank\">5123703<\/a>) is a former registered broker last employed with PFS Investments Inc. (CRD# 10111) of Hialeah, FL, from 2008 through 2025.<\/p>\n<p>Fiallo resigned from PFS Investments on 6\/2\/2026 while under an internal review following allegations of borrowing money from a firm client. FINRA reviewed Fiallo\u2019s Form U5 filed by PFS Investments and began investigating. On October 14, 2025, FINRA sent Fiallo a request for documents and information related to the investigation. In an email dated November 14, 2025, Fiallo responded to FINRA\u2019s request, stating that although he received the request, he would not provide documentation and information as requested. <a href=\"https:\/\/www.silverlaw.com\/blog\/eric-fiallo-barred-after-borrowing-from-client\/#more-11937\" class=\"more-link\">Continue reading \u203a<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Eric Fiallo (CRD# 5123703) is a former registered broker last employed with PFS Investments Inc. (CRD# 10111) of Hialeah, FL, from 2008 through 2025. Fiallo resigned from PFS Investments on 6\/2\/2026 while under an internal review following allegations of borrowing money from a firm client. FINRA reviewed Fiallo\u2019s Form U5 filed by PFS Investments and [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[577,580],"tags":[],"class_list":["post-11937","post","type-post","status-publish","format-standard","hentry","category-finra-disciplinary-actions","category-stockbroker-misconduct"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Eric Fiallo Barred After Borrowing From Client &#8212; Securities Arbitration Lawyers Blog &#8212; June 12, 2026<\/title>\n<meta name=\"description\" content=\"Eric Fiallo is a former registered broker last employed with PFS Investments Inc. (CRD# 10111) of Hialeah, FL, from 2008 through 2025.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.silverlaw.com\/blog\/eric-fiallo-barred-after-borrowing-from-client\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Eric Fiallo Barred After Borrowing From Client &#8212; Securities Arbitration Lawyers Blog &#8212; June 12, 2026\" \/>\n<meta name=\"twitter:description\" content=\"Eric Fiallo is a former registered broker last employed with PFS Investments Inc. (CRD# 10111) of Hialeah, FL, from 2008 through 2025.\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2026\/06\/Blog-Graphics30.png\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Silver Law Group\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Eric Fiallo Barred After Borrowing From Client &#8212; Securities Arbitration Lawyers Blog &#8212; June 12, 2026","description":"Eric Fiallo is a former registered broker last employed with PFS Investments Inc. 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(CRD# 10111) of Hialeah, FL, from 2008 through 2025.","twitter_image":"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2026\/06\/Blog-Graphics30.png","twitter_misc":{"Written by":"Silver Law Group","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.silverlaw.com\/blog\/eric-fiallo-barred-after-borrowing-from-client\/#article","isPartOf":{"@id":"https:\/\/www.silverlaw.com\/blog\/eric-fiallo-barred-after-borrowing-from-client\/"},"author":{"name":"Silver Law Group","@id":"https:\/\/www.silverlaw.com\/blog\/#\/schema\/person\/de64d999508b1ad10d608a99f0d2e752"},"headline":"Eric Fiallo Barred After Borrowing From Client","datePublished":"2026-06-12T16:21:20+00:00","mainEntityOfPage":{"@id":"https:\/\/www.silverlaw.com\/blog\/eric-fiallo-barred-after-borrowing-from-client\/"},"wordCount":472,"image":{"@id":"https:\/\/www.silverlaw.com\/blog\/eric-fiallo-barred-after-borrowing-from-client\/#primaryimage"},"thumbnailUrl":"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2026\/06\/Blog-Graphics30.png","articleSection":["FINRA Disciplinary Actions","Stockbroker Misconduct"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.silverlaw.com\/blog\/eric-fiallo-barred-after-borrowing-from-client\/","url":"https:\/\/www.silverlaw.com\/blog\/eric-fiallo-barred-after-borrowing-from-client\/","name":"Eric Fiallo Barred After Borrowing From Client &#8212; Securities Arbitration Lawyers Blog &#8212; June 12, 2026","isPartOf":{"@id":"https:\/\/www.silverlaw.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.silverlaw.com\/blog\/eric-fiallo-barred-after-borrowing-from-client\/#primaryimage"},"image":{"@id":"https:\/\/www.silverlaw.com\/blog\/eric-fiallo-barred-after-borrowing-from-client\/#primaryimage"},"thumbnailUrl":"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2026\/06\/Blog-Graphics30.png","datePublished":"2026-06-12T16:21:20+00:00","author":{"@id":"https:\/\/www.silverlaw.com\/blog\/#\/schema\/person\/de64d999508b1ad10d608a99f0d2e752"},"description":"Eric Fiallo is a former registered broker last employed with PFS Investments Inc. 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