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Santiago Torres Allegedly Misappropriated Funds

Santiago Torres (CRD #: 5644622), a broker registered with Truist Investment Services, is the subject of an investor dispute. This disclosure appears on his BrokerCheck record, accessed on September 18, 2024. Keep reading if you have questions regarding his alleged conduct. 

Investor Allegations 

On August 5, 2024, an investor alleged Santiago Torres misappropriated money from various funds. 

High Standards of Commercial Honor 

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Misappropriation violates this rule. 

Background Information 

Santiago Torres has passed the following exams: 

  • Series 65 Uniform Investment Adviser Law Examination 
  • Series 63 Uniform Securities Agent State Law Examination 
  • SIE – Securities Industry Essentials Examination 
  • Series 7 General Securities Representative Examination
  • Series 6 Investment Company Products/ Variable Contracts Representative Examination 

He is a registered broker in 41 states, D.C., and the Virgin Islands. He is a registered investment adviser in Pennsylvania and Texas. 

Santiago Torres has registered with six firms: 

  • Truist Investment Services (CRD #: 17499) 
  • Truist Advisory Services (CRD #: 283390) 
  • BB&T Securities (CRD #: 142785) 
  • BB&T Investment Services (CRD #: 33856) 
  • PNC Investments (CRD #: 129052) 
  • Chase Investment Services Corp. (CRD #: 25574) 

Kurta Law Can Help 

If you worked with Santiago Torres and you have concerns about your investments, do not hesitate to contact us at 877-600-0098 or email info@kurtalawfirm.com for a free consultation. 

For nearly 20 years, Kurta Law has advocated for investors to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm that exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf. Do not let securities fraud go unchecked. Start your recovery process today.

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