Kyle Joon Kim

(CRD #2446395, Dulles, Virginia)

April 22, 2025 – An AWC was issued in which Kim was fined $5,000 and suspended from association with any FINRA member in all capacities for three months. Without admitting or denying the findings, Kim consented to the sanctions and to the entry of findings that he participated in an OBA without providing prior notice to his member firm. The findings stated that Kim and two other persons had formed an informal partnership to build and sell residential properties on parcels of real estate and share any profits equally. Kim then formed a limited liability company to support the partnership’s activities. Kim served as the managing member of the company and established a bank account in its name, which he controlled. Kim’s role was also anticipated to include helping to decide which parcels to develop first, how those parcels would be developed, working with subcontractors, and other project logistics. After pausing development in response to the COVID-19 pandemic, Kim and his partners resumed planning on these projects. Kim also arranged for two firm customers to provide a total of $90,000 to help finance the projects. In addition, Kim did not provide a response to specific questions on his firm’s annual compliance questionnaires. The suspension is in effect from May 19, 2025, through August 18, 2025. (FINRA Case #2024082375001) If you have suffered losses as a result of Kyle Joon Kim '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 Joon Kim . 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.