Chris S. Stocks

(CRD #2600346, Paradise Valley, Arizona)

December 4, 2024 – An AWC was issued in which Chris S. Stocks was fined $10,000 and suspended from association with any FINRA member in all capacities for 30 days. Without admitting or denying the findings, Stocks consented to the sanctions and to the entry of findings that he engaged in an OBA without providing prior written notice to his member firm. The findings stated that Stocks formed business entities for the purpose of purchasing and operating a hotel. After the hotel was purchased, Stocks remained involved with the hotel’s operations, including by making hiring decisions, interacting with the hotel’s general manager, and participating in contract negotiations. Stocks expected to receive compensation from this OBA by sharing in the hotel’s profits. Stocks failed to provide written notice to his firm for more than three years, during which he completed firm annual compliance attestations in which he falsely stated that he had disclosed all of his OBAs. The suspension was in effect from January 6, 2025, through February 4, 2025. (FINRA Case #2021073543101) If you have suffered losses as a result of Chris S. Stocks's act and/or actions, we would like to hear from you. We are currently investigating claims on behalf of clients who have suffered significant losses in their portfolios that are managed by Chris S. Stocks. The Schwartz Law Firm represents investors in claims against financial advisors and their firms. If you have questions about your potential claim or need assistance from an investment fraud lawyer, please contact us at 866-618-0545 or email Matthew Schwartz directly at mschwartz@tslfirm.com.