Jihoon Park of MML Investors Services, LLC Under Investigation After FINRA Regulatory Action

Haselkorn & Thibaut, a national investment fraud law firm, has launched an investigation into Jihoon Park (CRD# 6535514), formerly of MML Investors Services, LLC in Fairfax, VA, following regulatory action and a high-value investor complaint. If you or someone you know invested with Jihoon Park, you may have important legal options. Call Haselkorn & Thibaut for a free and confidential consultation at 1-888-885-7162.

Profile Overview: Jihoon Park – MML Investors Services, LLC (Fairfax, VA)

Name Jihoon Park (also known as Jihoon L Park)
CRD Number 6535514
Status BARRED – Permanently Prohibited by FINRA
Broker Dealer MML Investors Services, LLC (CRD# 10409), Fairfax, VA
Years of Experience 6 years
Total Disclosures 2 (1 Regulatory, 1 Customer Dispute)

This report is designed to help investors understand the advisor’s regulatory background, recognize meaningful red flags, and make informed decisions regarding potential recovery of losses.

Red Flags for Investors: What You Need to Know

  • Permanently Barred by FINRA: Jihoon Park is permanently barred from the securities industry, meaning he can no longer act as a broker or affiliate with any FINRA-member firm in any capacity.
  • Failure to Cooperate with Regulators: Regulatory records show that Park failed to respond to repeated requests for information from FINRA—one of the most concerning signals for any investor.
  • Active, High-Value Customer Dispute: There is a pending claim for over $2.6 million involving allegations of unsuitable recommendations and conversion (theft) of client funds related to cryptocurrency investments.
  • Lack of Investment Advisor Status: Park was not registered as an investment advisor and only worked as a broker at MML Investors Services, LLC.
  • Crypto Asset Concerns: Allegations include the recommendation of high-risk crypto investments using life insurance and divorce settlement money—often regarded as funds requiring the utmost protection and care.

Complaint Details: Review of All Filed Complaints

Regulatory Action – Final

  • Date of Action: July 1, 2025
  • Initiated by: FINRA
  • Reason: Failure to respond to FINRA requests for information
  • Sanction: Permanent bar from acting as a broker or associating with any FINRA-member firm
  • Effective Date: October 6, 2025
  • Details: According to BrokerCheck, Park did not request termination of his suspension within the required period, resulting in an automatic permanent bar. This is a clear-cut indication for investors: any future activity in the securities industry by this individual would violate FINRA rules.

Customer Dispute – Pending

  • Date Filed: November 4, 2024
  • Complainant’s Allegations:
    • Park made unsuitable recommendations by advising the client to invest money from her life insurance and divorce settlement into cryptocurrency assets.
    • The client alleges that Park stole and converted her life savings from these investments.
    • The investor argues that MML Investors Services, LLC is responsible for the broker’s wrongful acts.
  • Amount Requested: $2,658,000.00
  • Resolution: Pending – No settlement or final decision has been made as of the last report date.
  • Product Type at Issue: Insurance Other: Cryptocurrency

Employment History at a Glance

Firm Role Location Dates
MML Investors Services, LLC (CRD# 10409) Broker Fairfax, VA April 9, 2016 – December 31, 2022

Regulatory Action and Timeline

A permanent bar is one of the most significant regulatory actions. In this case, Jihoon Park did not cooperate with a FINRA investigation, resulting in a notice of suspension, and then ultimately a permanent bar from the industry. As a result, Park is no longer registered with any firm nor allowed to perform any securities-related work.

Date Event
April 9, 2016 Began employment at MML Investors Services, LLC
September 2021 Alleged unsuitable cryptocurrency recommendations (per complaint)
December 31, 2022 Ended employment with MML Investors Services, LLC
November 4, 2024 Customer dispute filed (alleging unsuitable recommendations & theft)
July 1, 2025 FINRA issues Notice of Suspension (failure to cooperate)
October 6, 2025 Permanently barred by FINRA – all broker activity prohibited

Investor Takeaways – How to Protect Yourself

  • Always check your financial advisor’s record using official resources like FINRA’s BrokerCheck.
  • Permanently barred status is a clear sign that an individual should not be offering any form of investment advice.
  • Be cautious of advisors recommending complex or high-risk products, such as cryptocurrencies, especially when involving funds from life insurance or critical settlements.
  • If you suspect misconduct or unsuitable recommendations, take action promptly. Firms can be held responsible for the conduct of their representatives.

What Should Investors Do Now?

If you invested with Jihoon Park in Fairfax, VA, at MML Investors Services, LLC, and suspect you suffered financial harm, the time to act is now. The pending nature of the customer dispute means there could be opportunities for investors to recover losses, especially if you experienced similar circumstances.

Haselkorn & Thibaut offers a **free, confidential case evaluation** and works on a “no recovery, no fee” basis. With over 50 years of combined experience, a 98% success rate, and millions recovered for clients nationwide, their team is focused on helping investors seek justice and compensation.

Contact Haselkorn & Thibaut today by calling 1-888-885-7162 or visit investmentfraudlawyers.com to schedule your free consultation. Don’t wait—the sooner you act, the more options may be available to protect your legal rights and financial future.

Disclaimer: The information contained in any post on this website is derived from publicly available sources and is not guaranteed as to accuracy and often involves allegations which may or may not be proven at some point in the future. All posts are believed to be accurate as of the time of original posting, but the accuracy and details are subject to and expected to change over time and which may contain opinions of the author at the time posted.
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