Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Christopher Black (Black), previously associated with LPL Financial LLC, has at least 3 disclosable events. These events include 2 customer complaints, one regulatory event, alleging that Black recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a final customer complaint on January 12, 2021.
Without admitting or denying the findings, Black consented to the sanction and to the entry of findings that he refused to provide information and documents that were requested by FINRA in connection with an investigation into circumstances of his termination from his former member firm. The findings stated that Black’s former firm filed a Form U5 stating that it had terminated Black for entering into undisclosed loan arrangements with a customer without providing notice to the firm.