Kejuan Yang of New York New York a former Northwestern Mutual Investment Services registered representative has been fined $5,000.00 and suspended from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that Yang sold away from T3 Trading Group. Letter of Acceptance Waiver and Consent No. 2016050545001 (June 29, 2017).
According to the AWC, in 2016, during the time that Yang had been employed by Northwestern Mutual Investment Services LLC, he engaged in private securities transactions. Apparently, seven individuals had been solicited by Yang in regard to a real estate based private placement. The AWC stated that at least one individual made a $10,000.00 purchase in the private placement. Evidently, Yang never informed the firm about Yang’s involvement in the transaction effected outside its auspices. Consequently, FINRA found Yang’s conduct violative of FINRA Rules 2010 and 3280.
FINRA Public Disclosure reveals that Northwestern Mutual Investment Services terminated Yang on June 7, 2016 founded on accusations that he violated the policies of the firm by way of his solicitation of private securities transactions.
