Bad Broker

Synapse Brokerage Suspended for Failing to Provide Information

2025-04-11

My Bad Broker

According to FINRA, Synapse Brokerage LLC of Parker, Colorado has been suspended from FINRA membership effective April 11, 2025, pursuant to FINRA Rule 9552 for failing to provide information or keep information current.

The firm appears on the suspension list twice, suggesting multiple outstanding information deficiencies or separate proceedings.

A FINRA Rule 9552 suspension takes effect when a firm or individual fails to provide requested information or documents, or fails to maintain current registration information. The suspension continues until compliance is achieved.

For any customers of Synapse Brokerage, this suspension means the firm cannot currently conduct securities business. You should verify the status of your accounts, determine whether you can access your assets, and consider whether you need to transfer to another broker-dealer.

The Parker, Colorado location may indicate a smaller operation, and customers should be particularly attentive to ensuring their investments are properly protected. If the firm is unable or unwilling to provide required information to FINRA, this raises questions about its operational status and ability to service customer accounts.

Investors with accounts at suspended firms should: verify their account balances and holdings against recent statements; ensure they have copies of all account documentation; determine whether their securities are held at a clearing firm that remains operational; and consider consulting with a securities attorney if they have any concerns about accessing their investments.

FINRA BrokerCheck provides current information about firm registration status and regulatory events.

Violation :

Failure to provide information to FINRA

Tags :

Synapse Brokerage LLC,
CO
CRD Number : 137662

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