AUGUST 2017 UPDATE-The Securities and Exchange Commission (SEC) charged Christopher S. Laws and three other Atlanta area brokers with fraudulently inducing federal employees to roll over holdings in their federal Thrift Savings Plans (TSP) retirement accounts into higher-fee variable annuity products. Here is a link to the SEC complaint.
Also named in the SEC complaint are:
- Keystone Capital Partners Inc. d/b/a Federal Employee Benefit Counselors
- Jonathan Dax Cooke-Previously with BCG Securities, LPL Financial.
- Danny S. Hood-Previously with BCG Securities, Summit Brokerage Services, LPL Financial, Valic Financial
- Brandon P. Long-Previously with BCG Securities and LPL Financial.
ORIGINAL POST-June 2017-According to publicly available records Christopher S. Laws , (CRD# 4479529) , a currently unregistered stockbroker who last worked for BCG Securities , discloses a prior customer dispute, a current regulatory investigation and a termination from employment.
The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.
IN 8/2016 the U.S. Securities and Exchange Commission began an investigation alleging that Laws did not make full disclosure that his entity was not affiliated with the federal government when offering investment products to clients and that he improperly notarized customer documents.
In 10/2014, Laws was discharged from LPL Financial who alleged: “concerns regarding business practices, including communications with customers.”
Christopher Laws was employed by BCG Securities 12/2014-4/2017 and with LPL Financial 7/2005-12/20014. Laws discloses a business affiliation with Keystone Wealth Management and Federal Employee Retirement Counselors.
If you have questions about an account handled by Christopher S. Laws, Brandon P. Long, Danny S. Hood or Jonathan D. Cooke call to discuss your options.
Rex Securities Law , with offices in Boca Raton, FL, and Austin, TX, provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.
Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.
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