FINRA has indefinitely suspended registered representative Chihyu Jerry Hsu after he failed to respond to requests for information under FINRA Rule 9552. Hsu, registered under CRD# 6193150, previously worked at Park Avenue Securities LLC, Northwestern Mutual Investments, and Morgan Stanley. The suspension took effect on April 8, 2026 and could convert to a permanent bar on June 8, 2026 if he does not act to terminate it.
What happened
On March 4, 2026, FINRA initiated regulatory action against Chihyu Jerry Hsu. The regulator asked for information and records. Hsu did not respond. FINRA then moved to suspend him under Rule 9552, which targets individuals who fail to provide requested information or keep their records current with the regulator.
The suspension became effective on April 8, 2026. As of that date, Hsu cannot work for any FINRA member firm in any capacity. BrokerCheck records indicate he will be barred on June 8, 2026 unless he requests termination of the suspension.
Key facts
| Detail | Information |
|---|---|
| Broker name | Chihyu Jerry Hsu |
| CRD number | 6193150 |
| Suspension type | Indefinite suspension (Rule 9552) |
| Effective date | April 8, 2026 |
| Potential bar date | June 8, 2026 |
| Former firms | Park Avenue Securities LLC, Northwestern Mutual Investments, Morgan Stanley |
| Exams passed | SIE, Series 7, Series 63 |
| Customer disputes | One customer dispute on BrokerCheck |
BrokerCheck disclosures
BrokerCheck lists three categories of disclosures for Chihyu Jerry Hsu. The regulatory event covers the March-April 2026 FINRA suspension. A customer dispute is also noted on his record. Additionally, a financial disclosure from March 1, 2017 shows a compromise with CAC Financial Collection for an original amount owed of $195.
The combination of a regulatory suspension, a customer dispute, and a prior financial compromise paints a concerning picture for investors. BrokerCheck is public and free to search. Any investor who worked with Hsu should review his full record at brokercheck.finra.org.
What investors should watch for
Park Avenue Securities, Northwestern Mutual Investments, and Morgan Stanley all had supervisory duties while Hsu was registered. FINRA rules require firms to monitor trading activity, detect unauthorized transactions, and respond to customer complaints.
A broker who ignores FINRA information requests often has other compliance gaps. The Rule 9552 suspension is a tool FINRA uses when a broker is not cooperating with an investigation. The underlying issue that triggered the investigation may involve customer harm or firm-level concerns that were not addressed.
What affected investors can do now
Investors who worked with Chihyu Jerry Hsu can request a free case evaluation from a securities law firm. An attorney can review account statements, identify losses, and explain whether FINRA arbitration is the right path. The suspension status itself can support a claim that the broker’s conduct caused losses.
Time matters. BrokerCheck records show the current status. Former firm supervisors may also face liability for failure to detect misconduct during the time Hsu was registered.
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Disclaimer: This article is for informational purposes only and does not constitute legal advice. Investment outcomes vary, and past performance does not guarantee future results. Investors should consult a qualified securities attorney to evaluate their specific circumstances.
For related enforcement coverage, see our Francisco M. Gomez FINRA Suspended Over Information Failures at LPL Financial and BBVA Securities article.
Investors following this case can also read our Clinton Edmund Galloway FINRA Suspended Over Information Failures at Drum Capital and First Street Securities coverage.
That regulatory pattern lines up with our FINRA Suspends Jesse D. Krapf Over Information Failures at Spartan Capital Securities analysis.
