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Two JP Morgan Brokers Barred by FINRA for Theft of $300,000 from Elderly Client

Two former JP Morgan Chase Securities Inc.-registered brokers, Fernando L. Arevalo and Jimmy E. Caballero are the subjecct of regulatory charges alleging theft. Reportedly, the Financial Industry Regulatory Authority (FINRA) permanently barred both Caballero and Arevalo from the securities industry. FINRA’s investigation of the two brokers found that they allegedly…

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