In the Matter of Eduardo Leon Jr.

Eduardo Leon Jr. allegedly borrowed $750000 from one of his securities customers without notifying or obtaining approval from his member firm, according to FINRA. In August 2017, Leon allegedly borrowed $250000 from a customer. In September 2022, Leon allegedly borrowed $500000 more from the same customer. Neither loan was documented, and Leon has not repaid any portion of either loan.

Summary generated from official Financial Industry Regulatory Authority press release