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Mark Meloro Facing Allegations of Unsuitable Recommendations

Securities Lawyer Jonathan Kurta
By: Jonathan Kurta Author
September 5, 2025 at 1:42am

Mark Meloro (CRD #: 3261100), a broker registered with USA Financial Securities, is the subject of an investor dispute. This disclosure appears on his BrokerCheck record, accessed on September 4, 2025. Keep reading if you have questions regarding his alleged conduct. 

Investor Disputes 

On June 30, 2025, investors alleged that Mark Meloro placed them in unsuitable investments and failed to explain them in great enough detail. 

The investors are seeking $85,000. 

What is an Unsuitable Investment? 

FINRA Rule 2111, a.k.a. The Suitability Rule, requires brokers to tailor their investment recommendations to suit investors’ needs. 

Rule 2111 also requires brokers to consider the following investor characteristics: 

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

Investments that do not fit the criteria established by the investor profile may be unsuitable. Investors who rely on brokers for recommendations may recover their losses by pursuing FINRA arbitration.

Background Information 

Mark Meloro has registered with the following firms: 

  • USA Financial Securities (CRD #: 103857) 
  • Market Street Wealth Management (CRD #: 155157) 
  • Princor Financial Services Corporation (CRD #: 1137)
  • First Montauk Securities (CRD #: 13755) 
  • Directed Services (CRD #: 21675) 
  • ING Funds Distributor (CRD #: 36461) 
  • Vanguard Marketing Corporation (CRD #: 7452) 

Kurta Law Can Help

If you worked with Mark Meloro 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. 

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