Ronald Ray Botello

(CRD #4809045, San Antonio, Texas) December 29, 2025 – An AWC was issued in which Ronald Ray Botello was assessed a deferred fine of $5,000 and suspended from association with any FINRA member in all capacities for three months. Without admitting or denying the findings, Botello consented to the sanctions and to the entry of findings that he borrowed a total of $173,000 from two of his customers, who were senior retail investors, without providing notice to or obtaining approval from his member firm. The findings stated that Botello used the borrowed funds to make a payment in connection with a personal investment. Botello had a personal friendship with each customer, but neither was a member of his immediate family. The loans were undocumented and did not include any interest payments. Subsequently, Botello repaid both loans in full. The suspension is in effect from January 5, 2026, through April 4, 2026. (FINRA Case #2025085326301) If you have suffered losses as a result of Ronald Ray Botello'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 Ronald Ray Botello. 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.