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Ian Ha Suspended for Allegedly Failing to Respond to FINRA Requests

Nov 23, 2021 Suspended Broker

Ian Ha (CRD #: 5679255 ), a broker formally registered with Infinity Financial Services, was recently suspended for allegedly failing to respond to FINRA requests for information, according to his BrokerCheck Record accessed on November 8, 2021.  Ian Ha’s alleged conduct is a violation of FINRA Rule 8210. 

FINRA Rule 8210 requires members to provide information under oath if requested, regarding any matter that pertains to the investigation, complaint, examination, or proceeding. A violation of FINRA Rule 8210 is also a violation of FINRA Rule 2010, which requires member firms and their associated persons to “observe high standards of commercial honor and just and equitable principles of trade.” 

Sanctions 

Pursuant to FINRA Rule 9552 and in accordance with FINRA’s Notice of Suspension letter dated September 7, 2021, Ian Ha was suspended on October 1, 2021, from associating with any FINRA member firm in all capacities. 

FINRA rule 9552 applies in situations where a brokerage firm or representative has failed to provide information or keep information current. FINRA Rule 9552 is a Notice of Suspension if corrective action is not taken. FINRA Rule 9552 provides the member or firm with 21 days to provide information, after which membership may be suspended and association with other members is barred. 

This means if Ian Ha fails to request termination of the suspension within three months, he will automatically be barred on December 10, 2021, from association with any FINRA member in all capacities pursuant to FINRA Rule 9552(h). 

Investor Dispute 

Ian Ha has one investor dispute on his BrokerCheck record.  

On April 21, 2020, an investor filed a dispute against Ian Ha alleging misrepresentation in the replacement of two incentive life insurance policies with two universal life insurance policies in 2016. The case was denied. Investors should know that the denial of their complaint doesn't mean the end of the dispute. You can still seek FINRA arbitration and recover your losses,  

Ian Ha Employment Termination 

On October 8, 2018, Ian Ha was discharged from his position at AXA Advisors following allegations that he exercised discretion in three customer accounts without the customers' authorization. AXA Advisors also alleged that  Ian Ha offered a referral fee to a client, in violation of company policy. 

Ian Ha Background Information 

Ian Ha has passed the following exams: 

  • Series 66 - Uniform Combined State Law Examination 
  • SIE - Securities Industry Essentials Examination 
  • Series 7 - General Securities Representative Examination 
  • Series 24 - General Securities Principal Examination 

He has worked with the following firms: 

  • Infinity Financial Services (CRD#:144302) 
  • AXA Advisors (CRD#:6627) 

Kurta Law Can Help  

If you have been victimized by Ian Ha as a broker, don't hesitate to get in touch with us today 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 and 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.