Chris Bond Discloses FINRA Sanctions, Investor Disputes

FINRA Suspends Broker Chris Bond, And An Investor Files A Dispute About Him

FINRA BrokerCheck indicates that investors alleged sales practice violations involving securities broker Christopher Edward Bond “Chris Bond” (CRD#: 4658534, Melville, New York) and that those violations resulted in damages. Particularly, Bond, who has been with National Securities Corporation since 2004 and National Asset Management since 2018, faces allegations of unsuitable recommendations or unsuitable trading. Moreover, FINRA sanctioned Bond for discretionary trading. Take a look at the following summary concerning the accusations against this broker and how a securities lawyer can help you recover damages from a securities broker or financial advisor that committed inappropriate sales practices against you.

FINRA’s Disciplinary Action Against Chris Bond For Discretionary Trading

Notably, the financial industry watchdog sanctioned Chris Bond ($5,000 fine, 15-day suspension) in February 2022. This resolves allegations of Bond “exercising discretion” in client accounts. Supposedly, the securities firm did not permit this type of trading and the clients did not provide any written authorization. It also seems that Bond inaccurately stated in a compliance questionnaire that he did not make discretionary trades.  Evidently, Bond paid the fine and served the suspension.

NSC Client Alleges Unsuitability In Dispute About Bond

Also, a February 2020 dispute focuses on the suitability of Chris Bond’s private placement sales. Notably, the client alleged that they incurred damages because of investing in unsuitable private placements. For this reason, National Securities Corp paid $75,000 to this client in a June 2021 settlement. Still, Bond and the securities firm deny the client’s allegations.

Client Of National Securities Corp Alleges Unsuitable Recommendations By Chris Bond

Notably, a client of National Securities Corp brought a dispute about Chris Bond’s investment recommendations. Supposedly, Bond provided the client with unsuitable advice regarding equities. Because of the alleged unsuitable investment recommendations, the client experienced damages. However, the client did not take further action against National Securities Corp following the complaint, and the complaint is closed without a resolution.

Did You Lose Money By Investing Through National Securities Corp’s Chris Bond?

Did Chris Bond cause you to incur investment losses? You could touch base with Soreide Law Group at (888) 760-6552 and chat with an experienced securities lawyer about a possible recovery. Soreide Law Group handles investor dispute cases on a contingency fee basis. Also, we advance all costs. The firm has recovered compensation for hundreds of investors in the US that experienced damages from their financial advisors or securities brokers. Please note that Bond denies the allegations of unreasonable sales practices.