(CRD #7297643, Doral, Florida)

September 8, 2025 – An AWC was issued in which Ramirez was assessed a deferred fine of $5,000 and suspended from association with any FINRA member in all capacities for two months. Without admitting or denying the findings, Ramirez consented to the sanctions and to the entry of findings that he engaged in an OBA initially without prior disclosure to his member firm and then contrary to the directive of the firm. The findings stated that Ramirez was a member and a fifty percent owner of an insurance agency that was organized as a limited liability company. The agency earned significant revenue, and Ramirez received direct compensation of approximately $60,000. Initially, Ramirez failed to disclose to his firm his involvement with the agency and ultimately the firm denied him permission to participate. Nevertheless, Ramirez continued the activity until his resignation in from the firm. The suspension was in effect from September 15, 2025, through November 14, 2025. (FINRA Case #2023079966301) If you have suffered losses as a result of Mazimillano Ramirez's act and/or actions, we would like to hear from you. We are currently investigating claims on behalf of clients who have suffered significant losses in their portfolios that are managed by Mazimillano Ramirez. The Schwartz Law Firm represents investors in claims against financial advisors and their firms. If you have questions about your potential claim or need assistance from an investment fraud lawyer, please contact us at 866--330-6707 or email Matthew Schwartz directly at mschwartz@tslfirm.com.