Thomas Anthony Rapp

(CRD #6367780, Mendham, New Jersey)

April 8, 2025 – An AWC was issued in which Rapp was assessed a deferred fine of $20,000 and suspended from association with any FINRA member in all capacities for 21 months. Without admitting or denying the findings, Rapp consented to the sanctions and to the entry of findings that he engaged in an OBA involving a private equity fund he co-founded, and for which he served as chief executive officer (CEO) and managing partner, without providing prior written notice to his member firm. The findings stated that Rapp was one of the individuals responsible for answering investment inquiries concerning the fund. In addition, Rapp participated in the private offering of limited partnership interests in the fund and oversaw the management of the fund’s portfolio companies. The findings also stated that Rapp participated in a private securities offering for the fund without providing prior written notice to his firm. Rapp participated in a private offering of limited partnership interests in the fund, which were securities sold pursuant to Regulation D of the Securities Act. In connection with the offering, Rapp corresponded with prospective investors and signed subscription agreements and regulatory filings concerning the offering. The offering raised more than $11 million from approximately 15 investors, several of whom were also Rapp’s customers at his firm. Rapp did not earn any commissions in connection with the offering. The suspension is in effect from April 21, 2025, through January 20, 2027. (FINRA Case #2022075493601) If you have suffered losses as a result of Thomas Anthony Rapp'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 Thomas Anthony Rapp. 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.