Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Thomas Kintz (Kintz), previously associated with T3 Trading Group, LLC, has at least 2 disclosable events. These events include one customer complaint, one regulatory event, alleging that Kintz recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a final customer complaint on March 06, 2024.
Without admitting or denying the findings, Kintz consented to the sanctions and to the entry of findings that he exercised discretion in two customer accounts, who were his relatives, without prior written authorization from the customers, or permission from his member firm. The findings stated that Kintz engaged in a trading strategy involving exchange traded products. Although Kintz discussed the investment strategy with the customers, he did not speak with them on the days of the trades. Kintz aggravated his misconduct by using an unapproved communication channel to exchange messages concerning investment recommendations with both customers.
