September 13, 2023 – An AWC was issued in which Rodrigo was fined $2,500 and suspended from association with any FINRA member in all capacities for 10 business days. Without admitting or denying the findings, Rodrigo consented to the sanctions and to the entry of findings that he exercised discretion in a customer’s account without written authorization from the customer and without his member firm having accepted the account as discretionary. The findings stated that Rodrigo effected trades in the brokerage account of the firm customer without speaking to the customer prior to execution on the date of the transactions.
The suspension was in effect from October 2, 2023, through October 16, 2023. (FINRA Case #2021070498101)