STEVEN VICTOR CHANTLER is currently employed as a Broker and/or Investment Adviser at CENTAURUS FINANCIAL, INC. located at 4550 NEW LINDEN HILL ROAD, SUITE #120, WILMINGTON, DE, 19808.
STEVEN VICTOR CHANTLER has worked at CENTAURUS FINANCIAL, INC. since December 20, 2001
Disclosure History
STEVEN VICTOR CHANTLER has 5 Disclosure Event(s).
Date: December 08, 2004 Category: Customer Dispute Allegations: MRS. THELMA CAMBURN FILED A COMPLAINT 12/08/2004 WITH AEFA INC. ALLEGING THAT AN UNAUTHORIZED TRANSACTION WAS MADE FROM HER MUTUAL FUND TO HER LIFE INSURANCE POLICY. Damage Amount Requested: $8,800.00 Broker Comment: THIS ALLEGATION IS NOT FOUNDED AND AEFA REACHED THE SAME CONCLUSION.
Date: November 04, 1998 Category: Customer Dispute Allegations: CUSTOMER ALLEGES THAT SHE WAS UNAWARE OF SURRENDER CHARGES AND TAX CONSEQUENCES ASSOCIATED WITH THE SALE OF A VARIABLE ANNUITY. ALLEGED COMPENSATORY DAMAGE AMOUNT NOT SPECIFIED. Settlement Amount: $20,000.00 Broker Comment: SETTLED FOR $20,000.00, REPRESENTATIVE CONTRIBUTED $10,000.00 TOWARDS SETTLEMENT.
Date: November 04, 1998 Category: Regulatory Initiated By: DELAWARE STATE SECURITIES DEPARTMENT Allegations: CLIENT ALLEGED THAT SHE DID NOT UNDERSTAND CHARGES IN VARIABLE ANNUITIES AND TAX IMPLICATIONS OF SELLING MUTUAL FUNDS. ALSO ALLEGES SHE WAS NOT AWARE OF AN ADDITIONAL PERSON ACTION AS AN INVESTMENT ADVISORY REPRESENTATIVE ON HER ACCOUNTS. REPRESENTATIVE DENIES ALL ALLEGATIONS. Resolution: Consent SanctionDetails: Sanctions: Monetary/Fine SanctionDetails: Amount: $10,000.00 Sanction Details: PAID $10,000.00 FINE IN FULL ON 01/23/2002. Broker Comment: I WAS THE RECIPIENT OF A CUSTOMER COMPLAINT IN 1998 WHILE AFFILIATED WITH LINSCO/PRIVATE LEDGER FINANCIAL SERVICES CORP. IN THAT COMPLAINT, MY CLIENT, THELMA CAMBURN, ALLEGED THAT SHE DID NOT UNDERSTAND THE CHARGES ASSOCIATED WITH HER VARIABLE ANNUITY OR THE TAX IMPLICATIONS OF SELLLING HER MUTUAL FUNDS. SHE ALSO ALLEGED SHE WAS NOT AWARE OF AN ADDITIONAL PERSON ACTING AS AN INVESTMENT ADVISORY REPRESENTATIVE ON HER ACCOUNTS. WHILE I DENY THE VALIDITY AND ACCURACY OF BOTH ALLEGATIONS, I AGREED TO AND DID ENTER INTO A CONSENT ORDER WITH THE SATE OF DELAWARE IN ORDER TO DISPOSE OF THIS MATTER.
Date: September 16, 1998 Category: Customer Dispute Allegations: DAMAGES ALLEGED TO BE $9,000 +. THE CLIENTCLAIMED THEIR ADVISOR TOLD THEM THEY WOULD NEVER HAVE TO PAYPREMIUM INTO A LIFE INSURANCE POLICY AFTER INITIAL REPLACEMENT,THAT THEY COULD ACCESS ANNUITY MONEY ON THEIR CONTRACTANNIVERSARY WITHOUT SURRENDER CHARGES, AND THAT ADVISOR FAILEDTO SUBMIT IRA DISTRIBUTION FORMS AS DIRECTED.
Date: May 01, 1998 Category: Customer Dispute Allegations: CUSTOMERS ALLEGED THAT REPRESENTATIVE SOLD LIFE INSURANCE POLICIES TO THEM THAT WERE UNSUITABLE AS EDUCATION FUNDING VEHICLES, THAT THEY DID NOT NEED LIFE INSURANCE, AND THAT THEY DID NOT RECEIVE DISCLOSURE INFORMATION CONCERNING THE CONTINGENT DEFERRED SALES CHARGES ASSOCIATED WITH THEIR MUTUAL FUND PURCHASES. CUSTOMERS ALSO ALLEGED THAT THEY INCURRED ADDITIONAL TAXES RESULTING FROM THESE TRANSACTIONS. REPRESENTATIVE DENIED ANY ALLEGATIONS OF WRONGDOING AND MAINTAINED THAT INVESTMENT RECOMMENDATIONS WERE SUITABLE AND APPROPRIATE, GIVEN INFORMATION THAT CUSTOMERS HAD PROVIDED TO HIM. FURTHER, CUSTOMERS HAD EXECUTED ALL NECESSARY DOCUMENTATION TO MAKE INVESTMENTS, WHICH OUTLINED ALL COSTS AND POTENTIAL TAX ASPECTS OF THESE INVESTMENTS, AND ALL DOCUMENTS AND TRANSACTIONS WERE APPROVED BY SUPERVISOR PRIOR TO COMPLETION OF THOSE TRANSACTIONS. Damage Amount Requested: $23,000.00 Settlement Amount: $43,328.00 Broker Comment: AEFA, WITHOUT MY CONSENT, TOOK $15,790.77 FROM MY NON-QUALIFIED DEFERRED/COMP PLAN WITH AEFA AND APPLIED IT TO THE SETTLEMENT. THIS WAS DONE ON 10/20/1998. I FEEL THIS WAS DONE BECAUSE THEY FELT I WOULD NOT CONTEST IT FOR THE SMALL AMOUNT AND THEY HAD A LESS THAN POSITIVE RESULT IN AN ARBITRATION SETTLEMENT DUE TO A NON-COMPETE AGREEMENT.
More Information
All individuals registered to sell securities or provide investment advice are required to disclose customer complaints and arbitrations, regulatory actions, employment terminations, bankruptcy filings and criminal or civil judicial proceedings.
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.
To view the full report for STEVEN VICTOR CHANTLER, click here.
The use of BrokerCheck data is subject to the BrokerCheck Terms of Use.
×
Outdated Information
If you discover any errors or outdated information on this Website, please contact us and we will promptly correct such errors or outdated information.
If BrokerCheck® is the source of such errors or outdated information, please contact FINRA at (301) 590-6500.
×
BrokerSearch Removal
Brokersearch.info will not fully remove items from this Website without an applicable court order designating them for removal. Investors rely on the information available on this Website to decide whether to choose or retain a broker or investment adviser.
Upon written request, we may remove certain page(s) from appearing in search engine results using the robots.txt protocol.
When a person searches for your name using Google, Bing, Yahoo! and other search engines the page(s) from Brokersearch.info would not appear in the search results.
Please contact us to learn more about Search Engine Removal.