Website Violates Investment Advisor Act of 1940

  • Unknown's avatar
    housingcollapse · Member ·

    KT Technical Analysis is acting as an unregistered investment advisory and has caused losses for hundreds of not thousands of users. Kris Korinek charges 80 dollars a month for his services which means he is an illegal investment advisor under the Investment Advisor Act of 1940. By allowing this site to be hosted on WordPress.com, you may also be at fault.

    WP.com: Yes
    Correct account: Unknown

    The blog I need help with is: (visible only to logged in users)

  • staff-doublebassd · Staff ·

    Hi there,

    If you find any content on a WordPress.com site objectionable, please fill out a report through our online form. Our Terms of Service Team are more than happy to look over your complaint and take appropriate action if deemed necessary.

    We’ll definitely get in touch with you regarding what we find and determine.

    Let me know if you have any questions.

    Thanks!

  • Unknown's avatar
    housingcollapse · Member ·

    The website is http://www.kttechnicalanalysis.com. Kris Korinek runs the company and spends more time day-trading and bragging about his illegal financial advisory service 24/7 on Twitter (@korinek_trades) than responding to calls. He is an unlicensed financial advisor under the Investment Advisor Act of 1940 as he charges over 970 people $89.95 per month for his illegal investment advice.

    Kris has also boasted about managing client money and making millions of dollars before starting his subscription service. His family has been unresponsive to texts/calls — beware. I lost over $80,000 to his services.

  • staff-totoro · Staff ·

    Hi there,

    We are not able to help with issues like this here in our public forums, but as mentioned above you can report this abuse directly to our team here and they will investigate. http://en.wordpress.com/abuse/

    Thanks!

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