Claudio Gambin (CRD#: 5752180), a registered representative with MML Investors Services LLC (CRD#: 10409), is currently under investigation by Florida securities regulators, according to his BrokerCheck record accessed on July 22, 2020. Why is Claudio Gambin under investigation? Read on to learn more.
On May 29, 2020, the Florida Department of Financial Services initiated an investigation into Claudio Gambin’s business practices. The investigation will determine whether or not he violated the provisions of the Florida Insurance Code. The investigation is ongoing.
This recent investigation is not the only disclosure on Claudio Gambin’s BrokerCheck record. On January 15, 2020, a customer filed an investor complaint against Claudio Gambin. The customer alleged that Claudio Gambin made misrepresentations regarding the premium account they would be required to pay for a non-variable life insurance policy. The customer used funds from their investment account with Northwestern Mutual Investment Services LLC to pay these premiums. The customer sought $79,708.46 in damages and the matter ultimately settled for the same sum.
Claudio Gambin has passed the Series 65 – Uniform Investment Adviser Law Examination, the Series 63 – Uniform Securities Agent State Law Examination, the SIE – Securities Industry Essentials Examination, the Series 7 – General Securities Representative Examination, and the Series 6 – Investment Company Products/Variable Contracts Representative Examination. He is a registered representative and Registered Investment Adviser (RIA) in Florida and Texas. He is also licensed to sell securities in California, Georgia, Maryland, Michigan, Minnesota, Nevada, New York, Pennsylvania, and Tennessee.
Over his nine-year career in the securities industry, Claudio Gambin has worked for two firms. In addition to MML Investors Services LLC (CRD#: 10409), he has also worked for Northwestern Mutual Investment Services LLC (CRD#: 2881).
If Claudio Gambin was your broker and you have questions about your investments, don’t hesitate to contact the securities attorneys of Fitapelli Kurta to learn more about your options for investment loss recovery. Call (877) 238-4175 or email email@example.com for your free case consultation with a securities attorney.