Investors Name John Chaney in Suitability Allegations

John Chaney (CRD #: 44529), a broker formerly registered with Moloney Securities Company, is involved in two investor disputes, according to his BrokerCheck record, accessed on May 29, 2025. If you have questions about his alleged conduct as a broker, read on.

Investor Disputes

Two pending disputes, filed on October 23, 2023, and February 20, 2025, respectively, allege that John Chaney engaged in negligence and violated the suitability rule. These disputes seek a collective $525,000 in damages.

FINRA Rule 2111

FINRA Rule 2111 requires brokers to recommend securities that adequately fit an investor’s financial goals. Brokers must take into account the information in an investor’s profile, such as their age, risk tolerance, and tax status.

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

What is broker negligence?

Many types of broker misconduct may qualify as negligence, including unsuitable investment recommendations, excessive trading, and misrepresentations or omissions of material fact.

Investors who believe their losses are the result of broker negligence may be able to recover their funds through FINRA arbitration.

Background Information

John Chaney has passed the following exams:

• General Securities Representative Examination – Series 7TO
• Securities Industry Essentials Examination – SIE
• Registered Representative Examination – Series 1
• Uniform Securities Agent State Law Examination- Series 63

He previously worked for the following firms:

• Moloney Securities Company (CRD#:38535)
• Arque Capital (CRD#:121192)
• Fox & Company Investments (CRD#:18517)
• Hornor, Townsend & Kent (CRD#:4031)
• American Growth Fund Sponsors (CRD#:37)
• Anchor National Financial Services (CRD#:5774)
• Hartford Equity Sales Company (CRD#:6604)
• Continental Management (CRD#:1526)

Kurta Law Can Help

If you worked with John Chaney 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.