Finra bars former Morgan Stanley rep over hearing no-show

Regulator set to inquire about Guillermo Valladolid's alleged outside activities

Jan 16, 2018 @ 2:41 pm

By InvestmentNews

The Financial Industry Regulatory Authority has barred former Morgan Stanley broker Guillermo Valladolid for failure to appear at a hearing looking into charges that he sold investments away from his employer and engaged in undisclosed outside business activities.

If Mr. Valladolid had engaged in those activities, he would have been violating Finra rules.

Mr. Valladolid, of San Diego, Calif., joined Morgan Stanley in 2015 after three years with Merrill Lynch. He was discharged by Morgan Stanley last July.

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