(CRD #7351555, Charlotte, North Carolina)

December 10, 2025 – An AWC was issued in which Kyle Ray Critcher was assessed a deferred fine of $5,000, suspended from association with any FINRA member in all capacities for three months, and required to requalify by examination as a General Securities Representative (Series 7) prior to acting in that capacity with any FINRA member. Without admitting or denying the findings, Critcher consented to the sanctions and to the entry of findings that he contravened Section 17(a)(2) of the Securities Act of 1933, and thereby violated FINRA Rule 2010, by negligently misrepresenting that corporate bonds he recommended to two senior customers were Federal Deposit Insurance Corporation (FDIC) insured certificates of deposit. The findings stated that in recommending the customers purchase more than $500,000 in corporate bonds, Critcher negligently misrepresented a material fact. Critcher claimed that the corporate bonds were insured by the FDIC even though he should haveknown the corporate bonds were not FDIC-insured. The corporate bond purchases factored into Critcher’s compensation. Shortly after the purchases were made, the customers called Critcher’s member firm and complained. The firm reversed the transactions and purchased certificates of deposit for the customers. The suspension is in effect from December 15, 2025, through March 14, 2026. (FINRA Case #2024083173801) If you have suffered losses as a result of Kyle Ray Critcher'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 Ray Critcher. 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 866-330-6707 or email Matthew Schwartz directly at mschwartz@tslfirm.com.