LPL Stockbroker Fired For Unregistered Person

old woman - LPL Stockbroker Fired For Unregistered Person

Christopher Neil Watkins of Louisville Kentucky a stockbroker registered with LPL Financial LLC has been discharged by the securities broker dealer on November 30, 2018 founded on accusations that Watkins provided compensation to an unauthorized, unregistered person who may have facilitated a securities transaction with an LPL Financial customer.

Financial Industry Regulatory Authority (FINRA) Public Disclosure additionally confirms that Watkins is referenced in a customer initiated investment related arbitration claim in which the customer sought $115,000.00 in damages based upon allegations that the customer had been provided bad investment advice from Watkins in regards to the purchase of business development company (BDC) a real estate investment trust (REIT) products during the period in which the stockbroker was employed by LPL Financial. FINRA Arbitration No. 19-02277 (Aug. 12, 2019).

Since December 13, 2018, Watkins has been registered with Silver Oak Securities Inc.