Erez Law is currently investigating J.P. Morgan Securities LLC broker Kexin Xu (CRD# 6966805), who faces a $90 million customer complaint. He has been registered with J.P. Morgan Securities LLC in New York, New York, since 2021. He was registered with Leucadia Asset Management LLC in New York, New York, from 2020 to 2021, and Jefferies LLC in New York, New York, from 2019 to 2021.
Kexin Xu Customer Complaints
He has been the subject of one customer complaint, according to his CRD report:
November 2025. “Claimant, an LLC organized in the BVI, alleges violations of the FINRA Conduct Rules of Fair Practice and SEC’s Regulation Best Interest (RegBI) with respect to unsolicited trades that resulted in a margin deficit on October 10, 2025.” The customer is seeking $90,800,000 in damages, and the case is currently pending. The complaint was regarding derivatives and index options, and it took place while he was registered with J.P. Morgan Securities LLC.
Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, J.P. Morgan Securities LLC may be liable for investment or other losses suffered by Kexin Xu’s customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If you have experienced investment losses, please call us at 888-840-1571 or complete our contact form for a free consultation. Erez Law is a nationally recognized law firm representing individuals, trusts, corporations and institutions in claims against brokerage firms, banks and insurance companies on a contingency fee basis.
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