{"id":8741,"date":"2020-01-06T17:12:58","date_gmt":"2020-01-06T22:12:58","guid":{"rendered":"https:\/\/www.silverlaw.com\/blog\/?p=8741"},"modified":"2020-01-06T17:14:27","modified_gmt":"2020-01-06T22:14:27","slug":"linda-zara-of-summit-brokerage-services-suspended-and-fined-for-entering-into-improper-loan-arrangement-with-an-elderly-client","status":"publish","type":"post","link":"https:\/\/www.silverlaw.com\/blog\/linda-zara-of-summit-brokerage-services-suspended-and-fined-for-entering-into-improper-loan-arrangement-with-an-elderly-client\/","title":{"rendered":"Linda Zara Of Summit Brokerage Services Suspended And Fined For Entering Into Improper Loan Arrangement With An Elderly Client"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-8742 size-medium\" src=\"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2020\/01\/Cash4-300x200.jpg\" alt=\"In July 2019, the Financial Industry Regulatory Authority (FINRA), suspended Linda Zara (a\/k\/a Linda Zaramontoya) (CRD# 2322009) of Summit Brokerage Services, Inc. in Boca Raton for \u201cborrow[ing] $44,292 from a 94 year old member firm customer without providing prior notice to, or obtaining prior written approval from her firm.\u201d The conduct occurred while Zara was employed by Wells Fargo Clearing Services, LLC.\" width=\"300\" height=\"200\" srcset=\"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2020\/01\/Cash4.jpg 300w, https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2020\/01\/Cash4-180x120.jpg 180w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/>In July 2019, the Financial Industry Regulatory Authority (FINRA), suspended <a href=\"https:\/\/brokercheck.finra.org\/individual\/summary\/2322009\" target=\"_blank\">Linda Zara<\/a> (a\/k\/a Linda Zaramontoya) (CRD# 2322009) of Summit Brokerage Services, Inc. in Boca Raton for \u201cborrow[ing] $44,292 from a 94 year old member firm customer without providing prior notice to, or obtaining prior written approval from her firm.\u201d The conduct occurred while Zara was employed by Wells Fargo Clearing Services, LLC. <a href=\"https:\/\/www.silverlaw.com\/blog\/linda-zara-of-summit-brokerage-services-suspended-and-fined-for-entering-into-improper-loan-arrangement-with-an-elderly-client\/#more-8741\" class=\"more-link\">Continue reading \u203a<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In July 2019, the Financial Industry Regulatory Authority (FINRA), suspended Linda Zara (a\/k\/a Linda Zaramontoya) (CRD# 2322009) of Summit Brokerage Services, Inc. in Boca Raton for \u201cborrow[ing] $44,292 from a 94 year old member firm customer without providing prior notice to, or obtaining prior written approval from her firm.\u201d The conduct occurred while Zara was [&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-8741","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 v25.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Linda Zara of Summit Brokerage Suspended For Borrowing From Client<\/title>\n<meta name=\"description\" content=\"FINRA suspended Linda Zara of Summit Brokerage Services, Inc. in Boca Raton, Florida for borrowing from a customer without providing notice.\" \/>\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\/linda-zara-of-summit-brokerage-services-suspended-and-fined-for-entering-into-improper-loan-arrangement-with-an-elderly-client\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Linda Zara of Summit Brokerage Suspended For Borrowing From Client\" \/>\n<meta name=\"twitter:description\" content=\"FINRA suspended Linda Zara of Summit Brokerage Services, Inc. in Boca Raton, Florida for borrowing from a customer without providing notice.\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2020\/01\/Cash4.jpg\" \/>\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=\"2 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Linda Zara of Summit 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