Doron Kochavi Suspended by FINRA
Doron Kochavi (CRD #: 1011155) has been suspended by FINRA. This disclosure appears on his BrokerCheck record, accessed on March 25, 2024. Keep reading if you have questions concerning his alleged misconduct.
FINRA Allegations
On January 16, 2024, Doron Kochavi entered into an Acceptance, Waiver, and Consent agreement (AWC) in which he consented to the findings that he mischaracterized securities transactions as unsolicited when they were actually solicited. The mischaracterization allegedly caused the firm to make and preserve inaccurate records.
Solicited transactions are proposed by the broker and are therefore subject to closer scrutiny by supervisors to ensure compliance with securities regulations.
FINRA Rule 4511
FINRA Rule 4511 requires that firms maintain accurate books and records.
Terms of the AWC
As part of the terms of the AWC, Doron Kochavi consented to a two-month suspension and a $10,000 fine. You can read a copy of the AWC here.
Previous Investor Dispute
On October 17, 2019, Doron Kochavi was named in a dispute alleging failure to supervise. The dispute settled for $2.8 million.
Background Information
Doron Kochavi has passed the following exams:
- Series 63 Uniform Securities Agent State Law Examination
- SIE – Securities Industry Essentials Examination
- Series 7 General Securities Representative Examination
During his 42 years of experience, he has registered with six firms. These are the three most recent:
- Western International Securities (CRD #: 39262)
- UBS Financial Services (CRD #: 8174)
- J.P. Morgan Securities (CRD #: 79)
Kurta Law Can Help
If you have worked with Doron Kochavi and have concerns about your investments, do not hesitate to contact us at 877-600-0098 or 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.
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