Tag Archives: Kai Chong Cheng

New Jersey Charges Former Merrill Lynch Broker With Dishonest Business Practices

Kai Chong Cheng of New York New York a stockbroker formerly employed by Merrill Lynch Pierce Fenner Smith Inc. and investment adviser representative and president of Affinity Capital Management LLC has been fined $10,000.00 and suspended for five years from registering as an investment advisor according to a New Jersey Bureau of Securities Administrative Consent […]

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Merrill Lynch Broker Barred by State and Federal Regulators

July 01, 2017  |   Posted by :   |   Customer Loans, Investment and Regulatory News   |   0 Comments

Kai Chong Cheng of Tenafly, New Jersey, recently signed a consent order with the State of New Jersey agreeing to a five-year suspension from registration in New Jersey. In a related enforcement action, he has been permanently barred from the securities industry by FINRA. Cheng worked at a Merrill Lynch branch office in New York […]

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