KYLE CHARTERS – INNER CIRCLE SPORTS LLC Broker Suspended by FINRA – May Recover Investor Losses
INNER CIRCLE SPORTS LLC Broker, Kyle Charters Suspended by FINRA.
KYLE JOSHUA CHARTERS (CRD#: 6288496), a broker for INNER CIRCLE SPORTS LLC in New York, NY, was recently suspended for six-months, and fined $10,000.00 after the broker consented to FINRA sanctions.
Charters consented to the sanctions and to the entry of findings that he participated in a private securities transaction involving the sale of a limited partnership interest in an offering without notifying or receiving written approval from his member firm prior to his participation in the transaction.
The findings stated that the offering was sponsored by a private equity firm that Charters was hoping to join. The purchaser was an institutional investor who was not Charters’ customer at his firm, and the sale was outside the regular course and scope of his employment with it.
Charters’ participation included attending meetings with the investor about the limited partnership interest and editing marketing materials for the fund. The sale was completed when the investor committed approximately 1.4 percent of its assets in exchange for the limited partnership interest, according to Charters’ FINRA BrokerCheck report.
INNER CIRCLE SPORTS LLC Broker, Kyle Charters Suspended by FINRA.
Goodman & Nekvasil, P.A., is investigating brokers who may have unsuitably recommended investments to their clients.
St. Petersburg, Florida law firm Goodman & Nekvasil, P.A., has a national practice representing victimized investors. The firm continues to investigate brokerage firms that placed elderly retirees and other conservative investors in unsuitable investments.
Goodman & Nekvasil, P.A., has filed numerous cases against brokerage firms selling high-risk investments and has recovered more than $400 million dollars on behalf of victimized investors.
We allege in these cases that these investment recommendations were unsuitable for our clients in view of their financial situation, needs and investment objectives.
There is no charge for an evaluation of your case. We handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee.
If you incurred losses on your investment and would like your case evaluated by a securities attorney, please contact us.
Some of the information in this blog post was obtained from FINRA on 5/19/25. If you believe this information was reported incorrectly, please contact our firm: 1-800-500-4442.