Jeyakumar Nadarajah (CRD #5666532) Has a Regulatory Action and Other Disclosures on FINRA BrokerCheck

Jeyakumar Nadarajah (CRD #5666532) was previously registered as a broker. We reviewed his BrokerCheck report on March 5, 2026. It reflects a FINRA regulatory action, two employment separations, a pending criminal charge, and a FINRA investigation. FINRA BrokerCheck also states he is not currently registered. If you invested with Jeyakumar Nadarajah and have concerns, keep reading.

BrokerCheck link: BrokerCheck

BrokerCheck report: BrokerCheck Report (PDF)

Regulatory Action(s)

Jeyakumar Nadarajah’s FINRA BrokerCheck report reflects one regulatory disclosure. A summary is below.

On February 5, 2026, FINRA reported a final regulatory action resolved by an Acceptance, Waiver & Consent (AWC). FINRA stated that he failed to provide information requested in connection with an investigation of certain trading practices. FINRA also stated that he appeared for on-the-record testimony and answered some questions, but declined to answer all questions due to a pending matter. FINRA imposed a permanent bar in all capacities effective February 5, 2026.

Related document: Acceptance, Waiver & Consent (AWC)

Employment Separation

His FINRA BrokerCheck report reflects two employment separation disclosures. A summary of each is below.

FINRA BrokerCheck states that Jefferies LLC discharged him on April 30, 2024. The firm reported a loss of confidence due to pending criminal charges.

BrokerCheck also lists a June 2, 2019 discharge from TD Securities (USA) LLC. The firm reported activity that violated its compliance manual. It described the placement and cancellation of a quote to try to trigger market movement to the advantage of a market participant. The broker’s statement says he responded to a FINRA inquiry about the termination in September 2019.

Criminal Charges

FINRA BrokerCheck lists one pending criminal charge disclosure. A summary is below.

BrokerCheck reports that a firm disclosed a pending federal criminal matter dated November 8, 2023. It lists charges in the United States District Court for the District of New Jersey in Newark. The report lists two felony counts of wire fraud, seven felony counts of securities fraud, and seven felony counts of securities manipulation. It also includes a firm statement that he was indicted on November 7, 2023, relating to conduct while employed with TD Securities.

Investigation

FINRA BrokerCheck also reflects one investigation disclosure. A summary is below.

BrokerCheck states that FINRA initiated an investigation with a notice date of December 7, 2021. The report describes it as a review of trading activity in U.S. Treasury securities and futures. It lists the investigation as pending.

Rule Summary #1: FINRA Rule 8210 (Provision of Information and Testimony)

FINRA Rule 8210 gives FINRA authority to request information, documents, and testimony during an investigation. A refusal or incomplete response can lead to serious discipline, including a bar.

Rule Summary #2: FINRA Rule 2010 (Standards of Commercial Honor and Principles of Trade)

FINRA Rule 2010 requires members to observe high standards of commercial honor and just and equitable principles of trade. Regulatory actions often cite this rule when FINRA finds conduct inconsistent with those standards.

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, Jeyakumar Nadarajah:

Is not currently registered. The BrokerCheck report summary states he was previously registered.

Was previously registered with firms that include Jefferies LLC, ViewTrade Securities, Inc., and TD Securities (USA) LLC.

Has passed the Securities Industry Essentials (SIE) exam. BrokerCheck also lists Series 7, Series 3, Series 37, Series 24, and Series 63.

Kurta Law Can Help

If you have worked with Jeyakumar Nadarajah and you have concerns about his activity, Kurta Law may be able to help you evaluate your legal options. A securities attorney can help you assess potential causes of action and determine whether your losses may be recoverable through FINRA arbitration or other avenues. To speak with Kurta Law, call 877-600-0098 or email info@kurtalawfirm.com.

Helpful resources: What Is Securities Fraud? | Securities Attorney

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.