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John Kuprianchik is the Subject of an SEC Regulatory Action

John Kuprianchik (CRD #: 4185525), a previously registered broker with SW Financial, is the subject of a regulatory action issued by the Securities and Exchange Commission. This disclosure appears on his BrokerCheck record, accessed on December 12, 2023. Keep reading if you have concerns about his alleged conduct. 

On September 28, 2023, the SEC alleged that John Kuprianchik failed to uphold the Duty of Care obligation set forth by Regulation Best Interest, which requires representatives to use reasonable care and skill to determine if a securities transaction fits their client’s best interests. He allegedly did not have a reasonable basis for recommending and executing a short-term, high-volume trading strategy. Excessive trading violates FINRA rules because the fees associated with a high-volume trading strategy often make it impossible for an investor to generate a return. 

What is Regulation Best Interest? 

Regulation Best Interest expands on the requirements of FINRA Rule 2111, which defines suitable investment recommendations. In addition to limiting their recommendations to investments that suit their investors’ needs, brokerage firms must also uphold a Duty of Care, the Conflict of Interest Obligation, and the Disclosure Obligation. The Duty of Care entails having a reasonable basis for recommending an investment strategy. 

Tax Liens 

Since 2014, John Kuprianchik has racked up seven tax liens, totaling approximately $147,715.70. 

Background Information 

John Kuprianchik has passed the following exams: 

  • Series 63 Uniform Securities Agent State Law Examination 
  • SIE – Securities Industry Essentials Examination 
  • Series 7 General Securities Representative Examination

He has registered with four brokerage firms since 2014: 

  • SW Financial (CRD #: 145012) 
  • Worden Capital Management (CRD #: 148366) 
  • Network 1 Financial Securities (CRD #: 13577) 
  • Meyers Associates (CRD #: 135777) 

Kurta Law Can Help 

If you have worked with John Kuprianchik and have concerns about your investments, do not hesitate to contact us at 877-600-0098 or 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.