Christopher Fernan, formerly with Salomon Whitney Financial, Barred by FINRA
Have you lost money with financial advisor Christopher Fernan? We are looking into allegations made about Christopher A. Fernan from Melville, New York. FINRA (the Financial Industry Regulatory Authority) barred Fernan from the securities industry. FINRA alleged that Fernan has failed to respond to its investigation regarding a customer complaint that was filed against him.
Christopher Fernan was a financial advisor and registered representative of Salomon Whitney Financial from December 2015 to February 2017. He worked in a branch office in Melville, New York. Fernan has also been the subject of at least seven customer complaints.
Brokerage firms like Salomon Whitney Financial have a responsibility to adequately supervise all representatives who are registered through their firm. Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies. When brokerage firms fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers.
Israels & Neuman PLC is a securities and investment fraud law firm with offices in Seattle, Washington; Denver, Colorado; Ann Arbor, Michigan; and Phoenix, Arizona. We represent investors in FINRA arbitration proceedings in all 50 states, including throughout New York. Our attorneys have represented over one thousand investors against many brokerage firms in the past.