Last Updated: December 2024 (Cumming, GA)
Christopher Bailey Investigation Summary
Here’s What You Need to Know About Former Cumming, GA Stockbroker Christopher Bailey:
- Name: Christopher Bailey
- Current Employer: Not currently registered with FINRA
- DBA: Bailey Financial Group
- Prior Employers:
- MML Investors Services, LLC (2022–2024)
- NYLIFE Securities LLC (2021–2022)
- Function: Stockbroker / Financial Advisor
- Aliases: Christopher Bailey
- Primary Location: Cumming, GA
- CRD Number: 6907048
- Can Christopher Bailey Be Sued in FINRA Arbitration: Yes
- Sanctioned by FINRA: Yes- Barred from Industry
- Discharged by a Prior Employer: Yes, twice
If you’ve sustained damages from Mr. Bailey, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Christopher Bailey as Your Stockbroker?
On November 26, 2024, FINRA issued a permanent bar against Christopher Bailey for failing to produce documents and information requested during an investigation. The inquiry was initiated after his termination from MML Investors Services, LLC, where he was discharged following allegations of incorrect bank account information provided for life insurance premium payments and receipt of advance commissions.
Key regulatory action details:
- Sanction Type: Permanent Bar from acting as a broker or otherwise associating with a broker-dealer firm.
- Allegations: Failure to cooperate with a FINRA investigation.
- Docket/Case Number: 2024081723301
Mr. Bailey’s termination from NYLIFE Securities LLC in December 2021 was also due to similar issues, including submitting declined insurance applications resulting in commission reversals and potential document alterations.
Allegations of Broker Misconduct Against Christopher Bailey
Regulators and employers have alleged the following misconduct against Christopher Bailey:
- Misrepresentation: Allegations related to the alteration of bank account information for life insurance premiums.
- Improper Handling of Insurance Sales: Failure to meet requirements for insurance applications, leading to commission reversals.
- Regulatory Non-Compliance: Permanent bar issued by FINRA for refusal to cooperate with an investigation.
These actions may constitute violations of FINRA Rule 2010 (Standards of Commercial Honor and Principles of Trade), which requires brokers to conduct their business with high ethical standards.
Recover Your Investment Losses Now With Rex Securities Law
Investigations of Other MML Investors Services brokers
If you have suffered investment losses in an account handled by Christopher Bailey, contact us for a complimentary consultation with an experienced securities lawyer to learn how you may be able to recover damages through 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.