According to FINRA, Kevin N. Jenkins was suspended from association with any FINRA member in all capacities for 45 days for participating in private securities transactions without notice to his member firm and failing to properly disclose an outside business activity.
In light of Jenkins' financial status, no monetary sanction was imposed.
Jenkins controlled and operated a company that created and published content on social media about personal finance, economics, and investments. This content included recommendations to buy or sell specific securities. He also offered a subscription service for individualized financial advice.
From at least August 2021 to February 2023, a firm customer subscribed to this service, and Jenkins provided recommendations to buy or sell specific securities. The customer made more than 75 transactions valued at approximately $5,000 based on these recommendations.
While Jenkins orally disclosed his social media brand to the firm shortly after becoming registered, he inaccurately described it as involving only financial education, failing to disclose that it included investment recommendations. He also falsely attested on a compliance questionnaire that he had no private securities transactions or undisclosed outside business activities.
Even after the firm raised questions about his activities, Jenkins made a written disclosure but still did not reveal that his online brand included investment recommendations. He continued creating investment recommendation content until resigning.
The suspension is in effect from November 3, 2025, through December 17, 2025.
For investors, this case highlights risks when financial influencers blur the line between education and investment advice, particularly when supervised registration requirements are circumvented.