National investment fraud lawyers KlaymanToskes reports Kenwyn John Belkot (CRD# 1055210) has been permanently barred by the Financial Industry Regulatory Authority (FINRA) from acting as a broker, or otherwise associating with a FINRA-regulated brokerage firm in all capacities. Belkot was previously registered with LPL Financial in Wexford, PA.
According to FINRA, the decision was made due to Belkot’s alleged refusal to produce investigation-related information to the regulator. Belkot was suspended on October 14th, 2022, and permanently barred three months later on January 17th, 2023.
Investors that suffered losses with Kenwyn Belkot at LPL Financial may be entitled to a financial recovery. Contact attorney Lawrence L. Klayman, Esq., at 888-997-9956 or lklayman@klaymantoskes.com for a free consultation to discuss legal options. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.
Under FINRA Rule 8210, all brokerage firms and registered financial professionals are required to provide information, documents, and testimony upon regulators’ requests.
A violation of FINRA Rule 8210 is also a violation of FINRA Rule 2010, which requires brokerage firms and their registered representatives to “observe high standards of commercial honor and just and equitable principles of trade.”
Additionally, FINRA may penalize registered representatives who violate FINRA Rule 9552 by failing to provide information or keep information current.
Former customers of Kenwyn John Belkot at LPL Financial who have experienced significant investment losses are encouraged to contact attorney Lawrence L. Klayman, Esq. at 1-888-997-9956 or lklayman@klaymantoskes.com for a free and confidential consultation.
Our firm offers legal services on a contingency fee basis, meaning we do not collect attorney’s fees unless we are able to obtain a financial recovery for you.
KlaymanToskes is a leading national securities law firm which practices exclusively in the field of securities arbitration on behalf of retail and institutional investors throughout the world in large and complex securities matters. The firm has recovered over $250 million in FINRA arbitrations and over $350 million in other securities litigation matters. KlaymanToskes has office locations in California, Florida, New York, and Puerto Rico.
Lawrence L. Klayman, Esq.
888-997-9956