Christian Bulla Allegedly Recommended Unsuitable Investment

Christian Bulla (CRD #: 7067640), a broker registered with Arete Wealth Management, is named in an investor dispute, according to his BrokerCheck record, accessed on October 30, 2024. Investors may have also engaged his services through Arete Wealth Advisors. If you want to know more about his alleged conduct as a broker, read on.

Investor Dispute

On August 23, 2024, an investor filed a dispute alleging that Christian Bulla made an unsuitable investment recommendation. They seek $995,000 in damages.

FINRA Rule 2111

FINRA Rule 2111 requires brokers to tailor their investment recommendations to suit investors’ profiles, which contain information about their age, investing experience, and financial goals.

• High-risk and illiquid investments may be unsuitable due to their degree of risk and fees for selling early, respectively.
• Trading activity can also be quantitatively unsuitable, meaning that the broker executed an excessive number of trades, racking up fees that cut into the client’s returns.
• Investment strategies can also be unsuitable. Overconcentration in a particular sector or stock is often an unsuitable investment strategy because it is especially high-risk.

Investors who rely on brokers for recommendations may be able to recover their losses through FINRA arbitration.

Background Information

Christian Bulla has passed the following exams:

• Series 66 – Uniform Combined State Law Examination
• Series 52TO – Municipal Securities Representative Examination
• Series 7TO – General Securities Representative Examination
• SIE – Securities Industry Essentials Examination
• Series 53 – Municipal Securities Principal Examination
• Series 24 – General Securities Principal Examination

Christian Bulla is a registered investment adviser in Tennessee.

He has also worked for Center Street Securities (CRD#:26898) and Center Street Advisors (CRD#:169329).

Kurta Law Can Help

If you worked with Christian Bulla 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 that 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.