Last Updated: April 2026 — Safety Harbor, FL
Here’s what you need to know about Safety Harbor, FL stockbroker Chris Mavrakos:
- Name: Christ Mavrakos
- Alias: Chris Mavrakos, Christopher Mavrakos
- Current Employer: LPL Financial LLC;
- DBA: MFP Financial Services
- Prior Firms:
- Independent Advisor Alliance, LLC (2018–2024)
- Independent Financial Partners (2012–2018)
- Next Financial Group, Inc. (2009–2012)
- Other Business Affiliations:
- Insurance sales (term life)
- Real estate rental activities
- Tax preparation services (MFP Tax Services)
- CRD Number: 1793086
- Stockbroker / Financial Advisor: Yes
- Can Broker be Sued in FINRA: Yes
- Sanctioned by Securities Regulators: No
- Current Customer Dispute Seeks Total Damages of: $250,000
Chris Mavrakos is currently registered with LPL Financial LLC and MFP Financial Services, LLC in Safety Harbor, Florida. He has extensive industry experience dating back to the late 1980s and holds multiple securities licenses, including the Series 7, Series 63, Series 65, and Series 24, as well as the Certified Financial Planner (CFP) designation.
If you’ve sustained damages from Mr. Mavrakos, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Chris Mavrakos As Your Stockbroker?
Chris Mavrakos has been named in a pending customer dispute involving allegations of improper account management:
- February 2026 (FINRA Case No. 26-00423): Customers allege that Mr. Mavrakos failed to disclose short positions in their account between 2022 and 2026, resulting in financial losses. The claim involves OTC equity investments and seeks $250,000 in damages.
What is Short Selling ?: Short selling is an investment strategy that speculates on the decline in the price of the stock. It is considered a very advanced investment strategy typically only engaged in by experienced traders. In short selling, the investor borrows shares of a security from the brokerage firm with the belief that the shares will drop in value. The investor then sells the borrowed shares at market value. If and when the share value drops, the investor will purchase the shares and return them to the brokerage firm, profiting to the extent of the drop in value.
The risk is that if the stock goes up the investor will pay more for the shares he needs to obtain to return the borrowed shares to the brokerage firm. Risk of loss is virtually unlimited since, in theory, the price of any stock can climb to infinity.
Allegations of Broker Misconduct Against Chris Mavrakos
- Unsuitability
Recommending or implementing strategies such as short positions without aligning with client objectives may violate FINRA Rule 2111 (Suitability). - Breach of Fiduciary Duty
Advisors must act in the best interest of their clients under SEC Regulation Best Interest (Reg BI, Rule 15l-1). - Misrepresentation
Failure to disclose material facts, including risks associated with short positions, may implicate FINRA Rule 2020and FINRA Rule 2010.
Recover Your Investment Losses Now With Rex Securities Law
If you have suffered investment losses in an account handled by Christ Mavrakos, contact us for a complimentary consultation with an experienced securities lawyer to learn how you may be able to recover damages through FINRA arbitration.
- Investigation of LPL Financial and LPL Brokers-Lawsuits, Arbitrations & Customer Disputes
- What is FINRA Arbitration?
With offices in Boca Raton, FL, and Austin, TX, stockbroker fraud attorney Bob Rex provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers, financial advisors, and broker-dealers.
If you have questions about how your account has been handled, call (877) 224-3199 to speak with an experienced securities attorney at no cost to you.
Most cases are handled on a contingent fee basis, meaning that you do not pay legal fees unless we are successful.