SUNNY SHUAI WANG – CAMBRIDGE INVESTMENT RESEARCH, INC. Broker Suspended by FINRA – May Recover Investor Losses
SUNNY SHUAI WANG – CAMBRIDGE INVESTMENT RESEARCH, INC. Broker Suspended by FINRA.
SUNNY SHUAI WANG, SUNNY WANG, SWI WANG
CRD#: 4725754
SUNNY WANG (CRD#: 4725754), a broker for CAMBRIDGE INVESTMENT RESEARCH, INC. in San Jose, CA was recently suspended for three-months after the broker consented to FINRA sanctions and a fine of $5,000.00.
According to the FINRA, From August 2021 through July 2023,Wang failed to timely and accurately disclose an outside business activity for which he received compensation. In August 2021, without providing prior written notice to Cambridge, Wang entered into a referral arrangement with a tax consultancy service under which he earned percentage-based referral fees when customers he referred invested in tax-oriented investments offered by the consultancy.
Wang knew that Cambridge’s written supervisory procedures required its registered persons to provide written notice and receive prior approval of all outside business activities.
The suspension and monetary penalty were part of a settlement through an Acceptance, Waiver, and Consent (AWC) agreement, which Wang signed without admitting or denying FINRA’s findings.
Investors should be aware that regulatory actions like these can raise serious concerns about a broker’s compliance with FINRA standards and professional obligations. Call Goodman & Nekvasil, P.A. today if you were referred to tax-oriented investments by Wang and suffered losses.
SUNNY SHUAI WANG – CAMBRIDGE INVESTMENT RESEARCH, INC. Broker 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 $500 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 6/15/26. If you believe this information was reported incorrectly, please contact our firm: 1-800-500-4442.