Tag Archives: Carlos Velazquez

Waddell Reed Broker Fined For Outside Business Activities

Carlos Velazquez of Elgin Illinois a stockbroker formerly employed by Waddell Reed has been fined $10,000.00 and suspended for eight months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that he engaged in undisclosed outside business activities and falsified documentation to FINRA personnel. Letter of […]

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Waddell & Reed Stockbroker Terminated For Selling Away

January 13, 2017  |   Posted by :   |   Investment and Regulatory News   |   0 Comments

Carlos Velazquez, of Elgin, Illinois, a stockbroker associated with Waddell & Reed, has been terminated from employment on December 1, 2016, based upon allegations that Velazquez admitted to falsifying statements to the firm’s personnel concerning the purpose of an outside business activity which Velazquez was involved in. Who knows what this means, as it could […]

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