Kyle McLaughlin Allegedly Recommended an Unsuitable Liquidity Access Line

Kyle McLaughlin (CRD #: 2614967), a broker registered with RBC Capital Markets, is the subject of an investor dispute. This is according to his BrokerCheck record, accessed on October 19, 2025. Keep reading if you have questions regarding his alleged conduct.

Investor Allegations

On September 5, 2025, an investor alleged that Kyle McLaughlin made an unsuitable recommendation to open a Liquidity Access Line for investment purposes.

What is an Unsuitable Investment?

FINRA Rule 2111 requires brokers to evaluate whether an investment fits their investor’s financial goals. Brokers must examine the investor’s profile, which contains the following investor characteristics:

• Age
• Financial goals
• Risk tolerance
• Time horizon (i.e., how long the investor plans to hold the investment)
• Investing experience
• Tax status

Investors who rely on brokers for recommendations may be able to recover their losses by pursuing FINRA arbitration.

High Standards of Commercial Honor

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Violations of FINRA Rule 2111 also violate this rule.

Background Information

Kyle McLaughlin has passed the following exams:

• Series 65 Uniform Investment Adviser Law Examination 
• Series 63 Uniform Securities Agent State Law Examination 
• SIE – Securities Industry Essentials Examination 
• Series 7 General Securities Representative Examination 
• Series 10 General Securities Sales Supervisor – General Module Examination 
• Series 9 General Securities Sales Supervisor – Options Module Examination 

He is a registered broker in 44 states and D.C. and is a registered investment advisor in Ohio and Texas.

Kyle McLaughlin has registered with the following firms:

• RBC Capital Markets (CRD #: 31194)
• Morgan Stanley (CRD #: 149777)
• Raymond James & Associates (CRD #: 705)
• Northwestern Mutual Investment Services (CRD #: 2881)
• Northwestern Mutual Wealth Management Company (CRD #: 109729)
• Network Planning Advisors 9CRD #: 109000)
• Robert Baird & Co. (CRD #: 8158)
• PNC Brokerage Corp (CRD #: 34671)

Kurta Law Can Help

If you worked with Kyle McLaughlin 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.