MARK SAM KOLTA1

03/13/2026: BEFORE THE NATIONAL ADJUDICATORY COUNCIL FINANCIAL INDUSTRY REGULATORY AUTHORITY In the Matter of Department of Enforcement, Complainant, vs. Mark Sam Kolta, Miami, FL, Respondent. DECISION Complaint No. 2018057297102 Dated: March 13, 2026. Former registered representative recommended unsuitable purchases of a non-traded real estate investment trust, caused his customers’ account forms and REIT investment documents to overstate financial information and investment objectives, caused his former firm to maintain inaccurate books and records, and distributed unbalanced and misleading communications to the public. Held, findings and sanctions modified.

12/29/2022: FINANCIAL INDUSTRY REGULATORY AUTHORITY OFFICE OF HEARING OFFICERS Department of Enforcement, Complainant, v. Mark Sam Kolta, (CRD No. 5324620), Respondent. DISCIPLINARY PROCEEDING No. 2018057297102 COMPLAINT The Department of Enforcement (“Enforcement”) alleges: SUMMARY 1. From June 2014 through August 2015, Respondent Mark Sam Kolta, while associated with former FINRA member firm National Securities Corporation (“National”), made unsuitable recommendations to 16 customers (Customer A through Customer P) to purchase more than $4.8 million in shares of a non-traded real estate investment trust (“REIT”).

08/15/2024: FINANCIAL INDUSTRY REGULATORY AUTHORITY OFFICE OF HEARING OFFICERS DEPARTMENT OF ENFORCEMENT, Complainant, v. MARK SAM KOLTA (CRD No. 5324620), Respondent. Disciplinary Proceeding No. 2018057297102 Hearing Officer—MJD EXTENDED HEARING PANEL DECISION Date: August 15, 2024 Respondent Mark Sam Kolta made unsuitable recommendations to 16 customers to invest $4.8 million in a real estate investment trust, or REIT. To ensure that his firm approved the REIT purchases, Kolta caused the customers’ account forms and REIT investment documents to overstate their income, net worth, liquid net worth, investment experience, investment objectives, and risk tolerance. By falsifying his customers’ information, Kolta caused his firm to make and preserve inaccurate books and records. He also emailed to customers four retail communications about the REIT investment that were not fair and balanced and contained misleading, unwarranted, and promissory statements and claims. For these violations, Kolta is barred from associating wit

Reference 2018057297102data-portal.finra.orgdata-portal.finra.orgfinra.orgdata-portal.finra.org