David Kanen is the Subject of an SEC Regulatory Action
David Kanen (CRD #: 1807794), a registered investment advisor with Kanen Wealth Management, is the subject of a Securities and Exchange Commission Cease and Desist Order. This disclosure appears on his BrokerCheck record, accessed on October 17, 2024. Keep reading if you have questions regarding his alleged conduct.
Regulatory Action
On September 25, 2024, the United States Securities and Exchange Commission alleged that David Kanen violated the beneficial ownership reporting requirements of federal securities laws.
He allegedly violated Section 13(d) by failing to timely file initial statements and/or required amendments with respect to Respondent’s beneficial ownership of the registered classes of common stock of BBQ Holdings Inc., CarParts.com, Inc., and Lazydays Holdings, Inc.
The SEC fined David Kanen $109,000.
Background Information
David Kanen has passed the following exams:
- Series 65 Uniform Investment Adviser Law Examination
- Series 63 Uniform Securities Agent State Law Examination
- SIE – Securities Industry Essentials Examination
- Series 7 General Securities Representative Examination
- Series 6 Investment Company Products / Variable Contracts Representative Examination
- Series 24 General Securities Representative Examination
During his 28 years of experience, David Kanen has registered with eight firms. These are the four most recent:
- Aegis Capital Corp. (CRD #: 15007)
- WFG Investments (CRD #: 22704)
- First Midwest Securities (CRD #: 21786)
- Pointe Capital (CRD #: 112097)
Kurta Law Can Help
If you worked with David Kanen and have concerns about your investments, do not hesitate to contact us at 877-600-0098 or email info@kurtalawfirm.com for a free consultation.
For nearly 20 years, Kurta Law has advocated for investors to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm that exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf. Do not let securities fraud go unchecked. Start your recovery process today.