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Cecilia Chou Resigns from Transamerica Financial Advisors

Cecilia Chou (CRD #: 5901758), a broker formerly registered with Transamerica Financial Advisors, was recently permitted to resign from that firm, according to her BrokerCheck record, accessed on May 8, 2023. If you have questions about her alleged conduct as a broker, read on.

Resignation from Transamerica Financial Advisors

On April 6, 2023, Cecilia Chou was permitted to resign from Transamerica Financial Advisors following allegations that she engaged in private investment transactions and undisclosed outside business activities.

FINRA Rule 3280

FINRA Rule 3280 requires brokers to seek approval from their firm before engaging in private securities transactions.

FINRA Rule 3270

FINRA Rule 3270 requires brokers to disclose to their firm any business activities they engage in outside it, including any compensation they expect to receive.

Other Business Activities

Cecilia Chou’s detailed BrokerCheck report currently lists one outside business activity: she is a passive shareholder of Elite Partners LLC, a company that owns a restaurant.

Background Information

Cecilia Chou has passed the following exams:

  • Series 63 – Uniform Securities Agent State Law Examination
  • SIE – Securities Industry Essentials Examination
  • Series 6 – Investment Company Products/Variable Contracts Representative Examination

She previously worked for Transamerica Financial Advisors (CRD#:16164) and World Group Securities (CRD#:114473).

Kurta Law Can Help

If you worked with Cecilia Chou and you have concerns about your investments, please contact us today at 877-600-0098 or info@kurtalawfirm.com for a free consultation.

For over 20 years, Kurta Law has advocated on behalf of investors who want to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm and exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf. 

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