Duke Du Suspended by FINRA Over Alleged Misconduct

Duke Du (CRD #: 7353052), a broker registered with Zinvest Financial Service, has been suspended by FINRA, according to his BrokerCheck record, accessed on August 31, 2025. Investors may have also worked with him through Velox Clearing. Keep reading if you want to know more about his alleged conduct as a broker.

FINRA Suspension

On June 23, 2025, Duke Du consented to the entry of findings that he allegedly caused his firm, Velox Clearing, to maintain incomplete books and records by using an unapproved communications platform.

According to a Letter of Acceptance, Waiver & Consent (AWC), Duke Du was allegedly included in WeChat conversations with Velox Clearing senior executives, employees, and firm clients from March 2021 to March 2023.

These conversations allegedly concerned clients’ accounts and trading, regulatory requests, and trade surveillance and compliance concerns. The firm allegedly failed to retain the thousands of messages sent in these conversations.

The AWC concluded that these allegations constitute violations of FINRA Rules 4511 and 2010.

FINRA Rule 4511

FINRA Rule 4511 requires firms to maintain accurate books and records.

FINRA Rule 2010

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade.

Sanctions

Duke Du consented to the following sanctions:

• Two-month suspension from associating with FINRA members
• $7,500 fine
• Completion of five hours of continuing education concerning recordkeeping responsibilities within 120 days of the Notice of Acceptance of the AWC

His suspension began on July 21, 2025, and will end on September 20, 2025. You can access the AWC here.

Background Information

Duke Du has passed the following exams:

• Registered Options Principal Examination – Series 4
• Compliance Officer Examination – Series 14
• Financial and Operations Principal Examination – Series 27
• General Securities Principal Examination – Series 24
• Investment Banking Registered Representative Examination – Series 79TO
• Operations Professional Examination – Series 99TO
• General Securities Representative Examination – Series 7TO
• Securities Industry Essentials Examination – SIE
• Uniform Securities Agent State Law Examination – Series 63

Duke Du is a registered broker in California.

Kurta Law Can Help

If you worked with Duke Du and you have concerns about your investments, please contact us today at 877-600-0098 or info@kurtalawfirm.com for a free consultation.

For over 20 years, Kurta Law has advocated on behalf of investors who want 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.