According to a recent Letter of Acceptance, Waiver and Consent (AWC) with the Financial Industry Regulatory Authority (FINRA), Christopher R. Hickman was terminated from Cetera Advisors for “frequent short-term fixed-income securities trading in customer accounts under firm review.” Allegedly, between May 2011 and April 2014, Hickman engaged in an unsuitable pattern of short-term trading of UITs or unit investment trusts in six customer accounts. For this, he was fined $5,000 and suspended from the industry for five months. According to his online FINRA BrokerCheck report, Mr. Hickman was previously registered with A.G. Edwards & Sons in St. Louis, Missouri from March 2001 until July 2005, Raymond James in Boynton Beach, Florida from June 2005 until March 2006, Banc of America Investment Services in Boca Raton, Florida from March 2006 until August 2009 and Cetera Advisors in Delray Beach, Florida from September 2009 until July 2015. He has seven customer disputes against him, one of which is currently pending. He is currently not registered within the industry. If you or someone you know suffered losses with Hickman, you may be able to sue Cetera Advisors. Cetera has an ironclad obligation to reasonably supervise Mr. Hickman, and, if it does not, can be held liable for losses. Please call our Chicago-based law firm today at 312-332-4200 to find out how you may be able to recover your losses on a contingency basis, which means we only get paid if you recover money.
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