Bruce Anthony Zaro (CRD#: 1271065) is a registered FINRA broker. Currently, Mr. Zaro is a representative of International Assets Advisory, LLC, based in Plymouth, Massachusetts. Previously, he was associated with Bolton Global Capital (2002 to 2018).
In January of 2018, Mr. Zaro was permitted to resign from Bolton Global after allegations that he forged a client’s signature.
Following a review of these allegations, FINRA fined this broker $5,000 and suspended him from the industry for two months (Letters of Acceptance, Waiver and Consent No. 2018057636001).
Suspended Financial Advisor: Bruce Anthony Zaro
Upon investigation, FINRA assessed that Bruce Anthony Zaro signed a customer’s name on a distribution request for an Individual Retirement Account. This unauthorized transaction set off a chain of transfers that created potentially adverse tax consequences for his client. Under FINRA Rule 2010, brokers are required to observe just and equitable principles of trade. Forging the signature of an investor is a direct violation of this rule.
Without admitting to or denying the allegations raised against him, former Bolton Global Capital broker Bruce Anthony Zaro consented to FINRA’s findings and its proposed penalties, including a $5,000 fine and 60-day suspension from the securities industry. His suspension is set to expire on April 18th, 2019.
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