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FINRA Broker Allegations

Allegations against: Richard Celis Davalos

Allegation type: Regulatory

Allegation status: Final

The allegations read: Without admitting or denying the findings, davalos consented to the sanction and to the entry of findings that he refused to appear for on-the-record testimony requested during finra's review of the amended form u5 filed by his previous member firm. The findings stated that the firm filed an amended form u5 stating that it had initiated an internal investigation of davalos related to his personal automobile loan application and outside business activity.

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