Case summary
On July 24, 2025, the Washington State Department of Financial Institutions Division of Securities entered a Statement of Charges (S-25-4019-25-SC01) against Mercury Capital Advisors, LLC.
Order details
Order File: S-25-4019-25-SC01
Laws & Rules: RCW 21.20.110
Penalties/Remedies:
- Revocation of registration
- Bar from future registration
Allegations
- FINRA suspended Mercury after the firm failed to file certain required financial documents.
- FINRA expelled Mercury when it failed to request the termination of its suspension or a hearing in the period allowed by FINRA rules.
- FINRA’s order expelling Mercury from FINRA membership constitutes an order entered by a self-regulatory organization, after notice and opportunity for a hearing, expelling a registrant from membership in such self-regulatory organization.
- FINRA’s expulsion of Mercury is grounds pursuant to RCW 21.20.110(1)(e)(iii) to revoke Mercury’s broker-dealer registration and to deny any broker-dealer or investment adviser registrations that Mercury may seek in the future.
Mercury may request an administrative hearing on the Order.