Investor Seeks Over $900k in Damages in Dispute with Christopher Browning

Christopher Browning (CRD #: 4786391), a broker registered with Western International Securities, is involved in a pending dispute, according to his BrokerCheck record, accessed on October 10, 2022. Read on if you have questions about his conduct as a broker.

Investor Dispute

On July 15, 2022, an investor named Christopher Browning in a dispute alleging violation of the suitability rule. The client seeks $990,000 in damages in this pending dispute.

FINRA Rule 2111

FINRA Rule 2111 requires brokers to recommend securities that sufficiently suit an investor’s financial goals. Brokers must take into account a client’s age, tax status, and other information described in their investor’s profile.

• Investments may be unsuitable due to their high degree of risk, making it more likely the investor will experience losses.
• Securities may also be unsuitable due to a lack of liquidity, which means they are designed to be held for an extended time. This can also mean investors will need to pay high fees to cash out early.
• Trading activity can be quantitatively unsuitable, meaning the broker executed an excessive number of trades.
• Investment strategies can also be unsuitable. A strategy that relies on overconcentrating securities in a certain sector or stock, for example, may be unsuitable for many investors.

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

Background Information

Christopher Browning has passed the following exams:

• Series 66 – Uniform Combined State Law Examination
• Series 63 – Uniform Securities Agent State Law Examination
• SIE – Securities Industry Essentials Examination
• Series 7 – General Securities Representative Examination
• Series 6 – Investment Company Products/Variable Contracts Representative Examination

Christopher Browning is a registered broker in 14 states and a registered investment adviser in eight states.

He previously worked for Wells Fargo Advisors (CRD#:19616).

Kurta Law Can Help

If you worked with Christopher Browning 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.