CHRISTOPHER DUNCAN BELL

CHRISTOPHER DUNCAN BELL is currently employed as a Broker and/or Investment Adviser at KBD SECURITIES, LLC located at 470 PARK AVENUE SOUTH, NEW YOYK, NY, 10016.

CHRISTOPHER DUNCAN BELL has worked at KBD SECURITIES, LLC since July 18, 2001

Disclosure History

CHRISTOPHER DUNCAN BELL has 4 Disclosure Event(s).

Date: December 29, 1997
Category: Customer Dispute
Allegations: MR. BELL WAS SAID TO HAVE INDUCED CUSTOMER TOWITHDRAW HER PENSION AND THUS INCURRING PENALTIES AND LOSTFUTURE GROWTH IN THE AMOUNT OF $380,000.
Damage Amount Requested: $380,000.00 Damages Granted: $7,734.00
Broker Comment: $7,700 WAS AWARDED TO CUSTOMER AND ARBITRATION FEES WERE TO BE SPLIT 50% BETWEEN CUSTOMER AND MR. BELL. CUSTOMER ASKED MR. BELL FOR ASSISTANCE IN WITHDRAWING HER MONEY FROM A PENSION PLAN. MR. BELL HELPED CUSTOMER CALCULATE CUSTOMER'S TAX LIABILITY BUT WAS UNAWARE OF CERTAIN PERSONAL TAX LIABILITIES. CUSTOMER WAS TOLD TO CHECK THE INFORMATION WITH AN ACCOUNTANT. IN THE ARBITRATION CUSTOMER ADMITTED TO THESE FACTS.

Date: September 01, 1997
Category: Employment Separation After Allegations
Firm Name: LAIDLAW EQUITIES INC.
Termination Type: Voluntary Resignation
Allegations: MR. BELL WAS SAID TO HAVE INDUCED CUSTOMER TO WITHDRAW HER PENSION AND THUS INCURRING PENALTIES AND LOST FUTURE GROWTH IN THE AMOUNT OF $380,000.

Date: March 08, 1995
Category: Customer Dispute
Allegations: IMPROPER INVESTMENTS OVER CONCENTRATION,UNSOLICITED TRADING. THE CLIENT WAS LOOKING TO RECOVER $600,000 IN LOSSES.
Damage Amount Requested: $750,000.00
Settlement Amount: $400,000.00
Broker Comment: JANNEY MONTGOMERY SCOTT PAID THE CLIENT $400,000NOT TO PURSUE ANY ACTION AGAINST CURRENT OR FORMER EMPLOYEES OR THE FIRM. MR. BELL RECOMMENDED "BUY" AND "STRONG BUY" STOCKS THAT WERE RESEARCHED BY THE FIRMS ANALYSTS. MR. BELL STRONGLY DENIED THAT THE TRADING WAS UNSOLICITED AND PRODUCED EVIDENCE OF OVER 20 PHONE CALLS PER MONTH TO THE CLIENT. JANNEY MONTGOMERY SCOTT NONETHELESS DECIDED TO SETTLE THE MATTER.

Date: February 08, 1995
Category: Employment Separation After Allegations
Firm Name: JANNEY MONTGOMERY SCOTT INC.
Termination Type: Permitted to Resign
Allegations: IMPROPER INVESTMENTS OVER CONCENTRATION,UNSOLICITED TRADING. THE CLIENT WAS LOOKING TO RECOVER $600,000 IN LOSSES

More Information

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A disclosure includes information about customer disputes, disciplinary events and financial matters on the broker's record as reported by securities regulators, the individual broker, and any involved firms. Some of these items may involve pending actions or allegations that have not been resolved or proven. The presence of a disclosure does not automatically indicate any wrongdoing.

BrokerCheck is the source of the data included in this Report. The data was compiled on June 29, 2018.

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