Andrew P Kuchar Jr (CRD #8050288) Has a Regulatory Event Disclosure on FINRA BrokerCheck

Andrew P Kuchar Jr (CRD #8050288) is a broker with a regulatory event on FINRA BrokerCheck. We reviewed his BrokerCheck report on February 25, 2026. It reflects one regulatory event. If you invested with Andrew Kuchar and have concerns, keep reading.

BrokerCheck link: BrokerCheck

BrokerCheck report: BrokerCheck Report (PDF)

Regulatory Action(s)

Andrew Kuchar’s FINRA BrokerCheck Report reflects one regulatory event disclosure. A summary is below:

On November 3, 2025, Andrew Kuchar reported a final regulatory action initiated by the Texas Department of Insurance – Commissioner of Insurance. Andrew Kuchar’s FINRA BrokerCheck disclosure states the matter involved insurance. It says he violated TEX. INS. CODE § 981.105(a) by not timely filing new or renewal surplus lines policies and related documents. The disclosure states there were 10 late reports tied to activity from December 17, 2023, through May 24, 2024. The matter was resolved by an order. Andrew Kuchar’s FINRA BrokerCheck disclosure lists a $2,425 civil and administrative penalty. It states the order was not based on violations involving fraudulent, manipulative, or deceptive conduct. The disclosure states the penalty was paid on November 7, 2025.

Rule Summary #1: FINRA Rule 3110 (Supervision)

FINRA Rule 3110 requires firms to maintain and enforce written supervisory procedures. When compliance problems occur, reviewers often focus on supervision and controls. Investors may also question whether issues were identified and corrected in time.

Rule Summary #2: FINRA Rule 2010 (Standards of Commercial Honor and Principles of Trade)

FINRA Rule 2010 requires members to observe high standards of commercial honor and just and equitable principles of trade. Regulatory matters can raise concerns about compliance culture. They can also lead investors to ask whether information was accurate and timely.

Why This Matters to Investors (Regulation Best Interest)

Regulation Best Interest (Reg BI) is a U.S. securities regulation. It strengthens the standard of conduct that broker-dealers owe to retail investors. It applies when they recommend securities transactions or investment strategies. The U.S. Securities and Exchange Commission adopted Reg BI. It became effective on June 30, 2020. Reg BI aims to protect investors while preserving access to brokerage products and services.

Reg BI requires broker-dealers and financial advisors to act in a retail customer’s best interest at the time of a recommendation. They must not place their own financial or other interests ahead of the customer’s. This standard is higher than the older “suitability” rule. Suitability meant a recommendation only had to be appropriate. It did not have to be the best option or free of conflicts.

Reg BI has four key obligations:

Disclosure Obligation – Broker-dealers must disclose material facts about the relationship and the recommendation. This includes fees, the scope of services, and conflicts of interest.

Care Obligation – Broker-dealers must use reasonable diligence, care, and skill. They must consider costs, risks, and alternatives when making a recommendation.

Conflict of Interest Obligation – Firms must identify conflicts of interest. They must disclose them and mitigate or eliminate them. This includes conflicts that create incentives to favor one product over another.

Compliance Obligation – Firms must maintain policies and procedures. Those policies should be designed to ensure compliance with Reg BI as a whole.

Reg BI applies to each recommendation. It is not a continuous duty like the fiduciary standard for registered investment advisers. Even so, it narrows the gap. It puts more focus on costs, conflicts, and investor-focused decision-making.

Overall, Regulation Best Interest promotes transparency. It also aims to improve the quality of investment recommendations. It is designed to reinforce trust between retail investors and broker-dealers in the U.S. securities markets.

Background Information (from BrokerCheck)

Based on His FINRA BrokerCheck report, Andrew Kuchar:

Is currently registered with First Heartland Capital, Inc.

Has passed the Securities Industry Essentials (SIE) exam. Andrew Kuchar has passed Series 6 and Series 63.

Has no previously reported securities firm registrations on BrokerCheck.

Kurta Law Can Help

If you have worked with Andrew Kuchar and you have concerns about his activity, Kurta Law may be able to help you evaluate your legal options. To speak with Kurta Law, call 877-600-0098 or email info@kurtalawfirm.com.

Helpful resources: Securities Attorney | Security Fraud

For nearly 20 years, Kurta Law has advocated for investors and helped hold financial professionals accountable. Our firm represents clients nationwide in securities arbitration and related disputes. If you believe a broker or firm mishandled your account, an attorney can review the facts and explain possible next steps.