According to a FINRA disciplinary action notice, Bernardita Cortez Roque (CRD #3116405, Virginia Beach, Virginia) recently submitted a Letter of Acceptance, Waiver and Consent in which she was barred from association with any FINRA member in any capacity.
Without admitting or denying the findings, Roque consented to the sanction and to the entry of findings that she referred customers to a private investment company that offered private placement investments without her member firm’s knowledge or permission. The findings stated that Roque facilitated the purchase of private securities transactions for the customers totaling $50,000.
The private securities transactions consisted of the purchase of notes in the company. Firm policies and procedures prohibited representatives from soliciting clients and prospects to participate in any private securities transaction not associated with the firm, whether or not the representative received compensation for doing so. The findings also stated that Roque failed to provide FINRA-requested documents and information pertaining to its investigation. Roque advised FINRA that she would not provide the documents and information or otherwise participate in FINRA’s investigation.
For the full findings, see FINRA Case #2013037558201.
According to Roque’s FINRA Broker Report, she was employed by World Group Securities from April 2002 through January 2012 and Transamerica Financial Advisors from January 2012 through July 2013.
The foregoing information, which is all publicly available on FINRA’s website, is being provided by The White Law Group.
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