INVESTIGATION of Robert Renteria of PFS Investments – El Paso, TX
Robert Renteria, formerly with PFS Investments, Barred by FINRA
Have you lost money with financial advisor Robert Renteria a/k/a Robert Renteria Herrera Jr. of PFS Investments in El Paso, TX? FINRA (the Financial Industry Regulatory Authority) barred him from the securities industry after allegations that Renteria failed to respond to its investigation and borrowed money from a customer and then lied about the amount borrowed.
Robert Renteria Herrera Jr. was a financial advisor and registered representative of PFS Investments (Primerica) from January 2013 to August 2019. He worked in a branch office in El Paso, Texas. Renteria was also convicted of theft in 1996.
Brokerage firms like PFS Investments have a responsibility to adequately supervise all representatives who are registered through their firm. Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies. When brokerage firms fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers.
Israels & Neuman PLC is a securities and investment fraud law firm with offices in Denver, Colorado; Seattle, Washington; Ann Arbor, Michigan; and Phoenix, Arizona. We represent investors in FINRA arbitration proceedings in all 50 states, including Texas. Our attorneys have represented over one thousand investors against many brokerage firms in the past, including against PFS Investments (Primerica).