FINRA Bars Broker for Misappropriating $1.7 Million from Customers’ Accounts
WASHINGTON--(BUSINESS WIRE)--FINRA has barred Rudy Anguiano of Chino Hills, CA, a former registered representative of LPL Financial LLC, from associating with any FINRA member firm in all capacities for conversion—the intentional and unauthorized taking of another person’s property—of $1,731,000 from two customers’ accounts into an outside business bank account. LPL has since reimbursed both customers in full. FINRA opened an investigation into Anguiano’s activities in December 2025 after LPL d