Maryland Division of Securities

Order to Show Cause 6/22/2021 Hurtado consented to a bar an to the entry o findings that he refused to appear for the record testimony requested by FINRA in connection with its investigation into his possible participation in a private securities transactio.

Registration revoked.

Revocation

FINRA

Without admitting or denying the findings, Hurtado consented to the sanction and to the entry of findings that he refused to appear for on-the-record testimony requested by FINRA in connection with its investigation into his possible participation in a private securities transaction.

Acceptance, Waiver & Consent(AWC)

Bar (Permanent)

All capacities

indefinite

6/22/2021

J.P. MORGAN SECURITIES LLC

Discharged

FIRM FOUND THAT REGISTERED REP MAINTAINED INCOMPLETE CLIENT-SIGNED DOCUMENTS, ALTERED DOCUMENTS WHERE THE CLIENT DID NOT INITIAL THE CHANGES AND INCOMING CORRESPONDENCE NOT SIGNED BY A PRINCIPAL.

RR MAINTAINS THAT ALLEGATION THAT HE ALTERED A DOCUMENT WITHOUT CUSTOMER'S INITIALS IS MISLEADING. CUSTOMER WAS PRESENT AND BACK OFFICE WAS INSTRUCTING THE RR AND CUSTOMER THROUGH THE DOCUMENTATION NEED TO TRANSFER A TRUST FROM THE CUSTOMER'S DECEASED FATHER TO THE SON'S ACCOUNT. AS PER THE BACK OFFICE, CHANGES WERE MADE, BUT CUSTOMER FAILED TO INITIAL THE CHANGE. WITH REGARD TO INCOMING CORRESPONDENCE NOT SIGNED BY A PRINCIPAL, RR WAS NOT A PRINCIPAL AND HAD NO SUPERVISORY RESPONSIBILITIES.