FINRA suspends Kevin C. Yang (CRD #2834317, Pasadena, California)
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As reported in InvestmentNews, three Raymond James entities have agreed to pay over $15 million to resolve an investigation by the SEC. The settlement and SEC order focused on Raymond James’s actions in improperly charging certain clients advisory fees when the...read more
March 7, 2018 – A Letter of Acceptance, Waiver and Consent (AWC) was issued in which Yang was assessed a deferred fine of $5,000 and suspended from association with any FINRA member in all capacities for 20 business days. Without admitting or denying the findings, Yang consented to the sanctions and to the entry of findings that he exercised discretion in accounts maintained by customers at his member firm without having obtained prior written authorization from the customers to exercise discretion in their accounts, and without the firm having approved any of the accounts for discretionary trading. The suspension was in effect from March 19, 2018, through April 16, 2018. (FINRA Case #2017052993601). If you or someone you know has lost money investing with Kevin Yang, call the experienced attorneys at Epperson & Greenidge at 877-445-9261 for a free consultation. You may be eligible to recoup your losses. Epperson & Greenidge accepts all cases on a contingency basis: we only get paid if and when you collect money. Time to file your claim may be limited, so we encourage you to avoid delay. Call 877-445-9261 now to speak to an attorney for free.