Antonios Kwangyun Lee (CRD #1762212) Has Customer Dispute and Criminal Disclosures on FINRA BrokerCheck
Antonios Kwangyun Lee (CRD #1762212) is a broker with customer dispute and criminal disclosures on FINRA BrokerCheck. We reviewed his BrokerCheck report on February 2, 2026. It reflects two customer disputes and one criminal disclosure. If you invested with Antonios Lee and have concerns, keep reading.
BrokerCheck link: BrokerCheck
BrokerCheck report: BrokerCheck Report (PDF)
Investor Disputes / Customer Complaints
Antonios Kwangyun Lee’s FINRA BrokerCheck Report reflects two customer dispute disclosures. Summaries of the disputes are below:
On January 5, 2026, a customer alleged Antonios Lee was unaware of an account opened for him and an unauthorized investment change. Antonios Kwangyun Lee’s FINRA BrokerCheck report lists the product type as a mutual fund. BrokerCheck lists alleged damages of $0.00 and notes the amount was under $5,000.00. The disclosure reflects the matter is pending.
On June 14, 2010, a customer alleged Antonios Lee provided ill advice about tax implications related to a withdrawal from a variable annuity. Antonios Kwangyun Lee’s FINRA BrokerCheck report lists the product type as an annuity-variable. The customer sought $27,820.00 in alleged damages. The matter settled for $27,530.00 on November 8, 2010.
Criminal Charges
Antonios Kwangyun Lee’s FINRA BrokerCheck report reflects one criminal disclosure. On May 2, 1986, he was charged with drunk driving, illegal lane change, and speeding. The disclosure states the drunk driving charge was dismissed. It also states fines of $341.00 were paid for illegal lane change and speeding.
Rule Summary #1: FINRA Rule 3260 (Discretionary Accounts)
FINRA Rule 3260 limits discretionary trading and requires proper authorization. Complaints about unauthorized trades or account changes often focus on whether the customer approved the activity in writing.
Rule Summary #2: FINRA Rule 2111 (Suitability)
FINRA Rule 2111 requires a reasonable basis to believe a recommendation is suitable for the customer. Disputes involving variable annuities can raise questions about whether costs, risks, and tax impacts were explained.
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, Antonios Kwangyun Lee:
Is currently registered with Cetera Wealth Services, LLC.
Is also registered as an investment adviser representative with Cetera Investment Advisers LLC.
Has passed the Securities Industry Essentials (SIE) exam. Antonios Lee has passed Series 7, Series 22, and Series 6. He has also passed Series 66.
Was previously registered with firms that include Avantax Investment Services, Inc., Avantax Advisory Services, and WMA Securities, Inc.
Kurta Law Can Help
If you have worked with Antonios Lee and you have concerns about his activity, Kurta Law may be able to help you evaluate your legal options. A securities attorney can review the facts and explain potential next steps. To speak with Kurta Law, call 877-600-0098 or email info@kurtalawfirm.com.
Helpful resources: Unauthorized Trading | Unsuitable Investments
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.