Kenny Mejia has been sanctioned by the Financial Industry Regulatory Authority (FINRA) after improperly applying for and receiving a COVID-19 Economic Injury Disaster Loan from the Small Business Administration (SBA). According to FINRA, Mejia violated FINRA Rule 2010, governing standards of commercial honor and principles of trade. 

According to ThinkAdvisor, Mejia "recklessly misrepresented" that he owned a gardening business that he founded in 2019 and operated as a sole proprietorship out of his home. FINRA alleged that at the time, Mejia was a registered representative of J.P. Morgan with no disclosed outside business activities making him eligible for an Economic Injury Disaster Loan from the SBA. 

Without admitting or denying FINRA's findings, Mejia signed a FINRA letter of acceptance, waiver, and consent (AWC), consenting to the seven-month suspension. 

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