Sean Kienzle is the Subject of Unauthorized Trading Allegations

Sean Kienzle (CRD #: 5164154), a broker registered with Merrill Lynch, Pierce, Fenner & Smith, is the subject of an investor dispute. This disclosure appears on his BrokerCheck record, accessed on March 19, 2024. Keep reading for more details. 

Investor Dispute

On December 27, 2023, an investor alleged that Sean Kienzle recommended unauthorized trades in December 2023. 

FINRA Rule 3260

FINRA Rule 3260 limits discretionary trading by brokers to pre-approved discretionary accounts. These accounts must be approved for discretionary trading by both the client and the firm. Discretionary trading that takes place in an account that has not been approved is unauthorized.

High Standards of Commercial Honor 

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Unauthorized trading also violates this rule. 

Background Information 

Sean Kienzle 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 6 Investment Company Products / Variable Contracts Representative Examination 

He is registered in all 50 states, D.C., Puerto Rico, and the Virgin Islands. He is also a registered investment adviser in Illinois and Texas. 

During his 17 years of experience, he has registered with four firms: 

• Merrill Lynch, Pierce, Fenner, & Smith (CRD #: 7691) 
• JP Morgan Securities (CRD #: 79) 
• PNC Investments (CRD #: 129052) 
• Fifth Third Securities (CRD #: 628) 

Kurta Law Can Help 

If you have worked with Sean Kienzle and have concerns about your investments, do not hesitate to contact us 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 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.