According to FINRA, Jonathan Manuel Aguilera has been barred from association with any FINRA member in all capacities for refusing to provide information or documents requested during a FINRA investigation.

The investigation was opened following Aguilera's termination from his member firm. The firm disclosed that Aguilera was permitted to resign while under internal review for non-compliant social media posts.

Social media use by securities professionals is regulated because it can be used to make misleading claims, give unsuitable recommendations, or otherwise harm investors. When firms identify potentially problematic social media activity and the individual refuses to cooperate with the subsequent investigation, regulators cannot determine the extent of any harm.

Aguilera's refusal to provide the requested information and documents resulted in his permanent bar from the securities industry. This sanction reflects the seriousness with which FINRA treats non-cooperation, regardless of the underlying allegations.

Investors should be cautious about financial advice received through social media and verify that any investment professional they work with is properly registered and in good standing through FINRA's BrokerCheck at brokercheck.finra.org.