Former MML Investors Services Broker Jihoon Park Faces Suspension and $2.6M Customer Complaint

Jihoon Park (CRD #6535514), a former broker with MML Investors Services in Fairfax, Virginia, is facing serious regulatory and customer disputes. In July 2025, FINRA suspended Park for failing to respond to regulatory requests, and he is also the subject of a pending customer complaint alleging more than $2.6 million in losses tied to cryptocurrency investments.

FINRA Suspension for Failure to Cooperate

FINRA initiated disciplinary action against Park after he allegedly failed to provide information requested by regulators. According to the Notice of Suspension, Park’s suspension began on July 25, 2025, and will continue indefinitely unless he seeks termination. If he does not act within three months, the suspension will automatically convert into a permanent bar from the securities industry.

Pending $2.6 Million Customer Dispute

In addition to the regulatory action, Park is also facing a pending customer dispute filed in November 2024. The complaint alleges that beginning in September 2021, Park recommended unsuitable investments involving cryptocurrency. The client, who had received funds from a life insurance payout and a divorce settlement, claims Park misused the money by placing it into risky crypto products and then stealing or converting her life savings. The alleged damages include $1.65 million in compensatory damages and $1 million in punitive damages.

The case is currently pending in the Circuit Court for the County of Fairfax and has also been remanded to Bankruptcy Court proceedings.

Understanding the Risks in This Case

While these matters remain unresolved, the combination of regulatory sanctions and a high-dollar customer dispute raises significant red flags. Allegations of unsuitable recommendations, cryptocurrency misuse and failure to cooperate with regulators are serious concerns for any investor.

If you invested with Jihoon Park or MML Investors Services and have questions about your accounts, it may be important to review your options.

How Sonn Law Group Can Assist Investors

Sonn Law Group represents investors nationwide in cases involving broker misconduct, unsuitable recommendations and cryptocurrency-related losses. Our firm works on a contingency fee basis, meaning you won’t owe fees unless we recover compensation for you.

Call us at 833-912-3000 or complete our online form to schedule a private consultation about your situation.