Publicly available records published by the Financial Industry Regulatory Authority (FINRA) on March 20, 2017 indicate that Pennsylvania-based Securian Financial Services broker/adviser Christopher Hackley has been sanctioned by FINRA in connection to alleged rule violations. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Hackley (CRD# 1977760).
Christopher Hackley has spent 27 years in the securities industry and has been registered with Securian Financial Services in Doylestown, Pennsylvania since 1992. He was previously registered with Capital Analysts in Cincinnati, Ohio (1989-1992). He is a registered broker and investment adviser with 25 US states and territories.
According to his BrokerCheck report, Christopher Hackley has received one FINRA sanction.
In January 2017 FINRA sanctioned Christopher Hackley following allegations he “falsely attested to his member firm that he had confirmed a customer’s intention to transfer funds out of the customer’s account, when in fact, an imposter had requested the transfers and Hackley through his false attestations, unwittingly enabled the fraudulent transfers.” FINRA’s findings continue:
Hackley received an email from a customer, requesting that “around $40k” be transferred from the customer’s firm account to an outside bank account. Hackley forwarded the email to a registered sales assistant, to facilitate the request. Unbeknownst to Hackley, the registered sales assistant, or anyone else at the firm, the request came from an imposter who had hacked the customer’s email account. The findings also stated that the registered sales assistant provided Hackley with an Outgoing Wire form, which the imposter had completed, for his signature. Hackley signed the form, after which the firm transferred $37,000 out of the customer’s account. The findings also included that by signing the Outgoing Wire form, Hackley attested that he had confirmed the customer’s intention to transfer funds by placing an outbound call to the customer’s phone. In fact, he had neither telephoned nor otherwise attempted to contact the customer about the request to transfer funds.
He also allegedly enabled another fraudulent transfer of $60,000 by providing a “second false attestation on an Outgoing Wire Form,” according to FINRA, and did not become suspicious that the requests were illegitimate until the impostor’s fourth attempt; a third had been processed while he was out of the office. Mr. Hackley was issued a ten-day suspension, with FINRA noting that his firm “separately suspended and fined Hackley for the same conduct.”
If you have lost money investing with Christopher Hackley, you may be able to recover your losses. Call Fitapelli Kurta at 877-238-4175 for a free consultation. All cases are taken on a contingency basis: Fitapelli Kurta only gets paid if and when you collect funds. Time to file your claim may be limited, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.