Jorge Hernandez, of Glendora, California, a stockbroker registered with Gradient Securities LLC, has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because he failed to comply with a FINRA investigation into allegations referenced in a customer complaint. Letter of Acceptance, Waiver, and Consent No. 2023078870201 (October 9, 2023).
According to the AWC, the disciplinary action by FINRA stems from an investigation it initiated due to a customer complaint. As part of this investigation, FINRA requested Hernandez to provide specific documents and information by August 16, 2023, under FINRA Rule 8210. This deadline was extended to August 30, 2023.
However, Hernandez, through his lawyer, informed FINRA on August 25, 2023, that he would not comply with the regulator’s request. This position was reaffirmed during a phone call on September 8, 2023. Hernandez acknowledged receiving the requests but chose not to provide the required information and documents. By failing to comply, Hernandez violated FINRA Rules 2010 and 8210, leading to his bar from the securities industry.
Hernandez was associated with Gradient Securities LLC in Glendora, California, from December 15, 2020, to August 23, 2023.
