JOHN JAIRO QUINTERO is currently employed as a Broker and/or Investment Adviser at CAMBRIDGE INVESTMENT RESEARCH, INC. located at 18501 Pines Blvd., Ste 203, Pembroke Pines, FL, 33029.
JOHN JAIRO QUINTERO has worked at CAMBRIDGE INVESTMENT RESEARCH, INC. since May 10, 2016
Disclosure History
JOHN JAIRO QUINTERO has 2 Disclosure Event(s).
Date: July 03, 2014 Category: Customer Dispute Allegations: CLIENTS ALLEGE MR. QUINTERO MADE UNSUITABLE RECOMMENDATIONS WITH RESPECT TO A SECURITIES BASED LOAN AND USED THE PROCEEDS TOWARD UNSUITABLE INVESTMENTS THEY CLAIM HE TRADED ON A DISCRETIONARY BASIS ON OR AROUND JANUARY 2009 TO PRESENT. IN AN ACCOUNT NOT HELD AT TRANSAMERICA FINANCIAL ADVISORS, INC, THE CLIENTS ALLEGE MR. QUINTERO USED HIGH RISK OPTIONS STRATEGIES TO PAY INTEREST ON THE SECURITIES BASED LOAN WHICH RESULTED IN INVESTMENT LOSSES AND INTEREST EXPENSES. Damage Amount Requested: $818,000.00 Settlement Amount: $400,000.00 14-01993
Date: January 21, 2014 Category: Customer Dispute Allegations: CLIENTS ALLEGE THE REPRESENTATIVE MISREPRESENTED THAT PREMIUMS PAID TO THE VUL POLICIES WOULD BE A TAX DEFERRED INVESTMENT AND THAT THE CHOICE OF SUB-ACCOUNTS WITHIN THE POLICIES WERE UNSUITABLE. THE ACTIVITY TOOK PLACE BETWEEN 2005 AND DECEMBER 2014. Damage Amount Requested: $630,000.00 Settlement Amount: $250,000.00
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