Matthew T. Mierzycki (CRD #6102769, Pharr, Texas)

December 5, 2023 – An AWC was issued in which Mierzycki was fined $10,000 and suspended from association with any FINRA member in all capacities for four months. Without admitting or denying the findings, Mierzycki consented to the sanctions and to the entry of findings that he exercised discretionary trading authority to effect trades in numerous customer accounts without first obtaining the prior written authorization of the customers and without his member firm having approved the accounts as discretionary accounts. The findings stated that Mierzycki executed the transactions without speaking to or otherwise communicating with the customers on the days of the trades. The findings also stated that Mierzycki failed to timely disclose three compromises with creditors on his Form U4 despite his knowledge of the compromises. Mierzycki had entered into agreements with two banks, in which both banks agreed to accept thousands of dollars less than his full amount owing to fully satisfy the debt. The suspension is in effect from January 2, 2024, through May 1, 2024. (FINRA Case #2021073142301)