Kyle Infinite Manning (CRD #4571317, Hicksville, New York)

October 8, 2024 – An AWC was issued in which Manning was suspended from association with any FINRA member in all capacities for 17 months. In light of Manning’s financial status, no monetary sanction has been imposed. Without admitting or denying the findings, Manning consented to the sanction and to the entry of findings that he willfully violated the Best Interest Obligation under Reg BI by recommending a series of trades in three senior customers’ accounts, which was excessive, unsuitable, and not in the customers’ best interests. The findings Disciplinary and Other FINRA Actions 25 December 2024 stated that Manning’s customers relied on his advice and routinely followed his recommendations and, as a result, he exercised de facto control over the customers’ accounts. Manning’s trading in the customer accounts resulted in total trading costs of $1,625,977, including $1,477,893 in commissions, and caused $1,101,277 in total realized losses. As part of a multi-claimant, multi-respondent proceeding, one customer settled an arbitration filed against Manning and his member firm, alleging, among other things, quantitative unsuitability. The suspension is in effect from October 21, 2024, through March 20, 2026. (FINRA Case #2018056490317) If you have suffered losses as a result of Kyle Infinite Manning's act and/or actions, we would like to hear from you. We are currently investigating claims on behalf of clients who have suffered significant losses in their portfolios that are managed by Kyle Infinite Manning. The Schwartz Law Firm represents investors in claims against financial advisors and their firms. If you have questions about your potential claim or need assistance from an investment fraud lawyer, please contact us at 866-618-0545 or email Matthew Schwartz directly at mschwartz@tslfirm.com.