Colin Christy Kelty of Oak Brook, Illinois, a stockbroker registered with Cetera Investment Services LLC, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $240,000.00 in damages based upon allegations that Kelty failed to execute or follow instructions regarding the liquidation of stocks when Kelty was associated with Cetera Investment Services LLC. FINRA Arbitration No. 23-01865 (June 29, 2023).
FINRA Public Disclosure shows that Kelty is referenced in three other customer initiated investment related disputes concerning Kelty’s conduct while associated with securities broker dealers. A customer filed an investment related complaint involving Kelty’s conduct in which the customer requested $10,458.90 in damages based upon allegations that Kelty made misrepresentations of material fact in connection with the sale of CDs during the time that Kelty was associated with Cetera Investment Services LLC. This complaint was denied by the securities broker dealer.
Kelty was also referenced in a customer initiated investment related FINRA securities arbitration claim that was settled for $249,999.99 in damages based upon allegations that Kelty made unsuitable recommendations of variable annuities. FINRA Arbitration No. 17-02310 (December 31, 2018).
On March 1, 2022, another customer filed an investment related complaint involving Kelty’s conduct in which the customer requested $1,400,000.00 in damages based upon allegations that Kelty made unsuitable recommendations of structured products.
Kelty has been associated with Cetera Investment Services LLC as a stockbroker since December 6, 2011, and associated with Cetera Investment Advisers LLC as an investment advisor representative since January 21, 2014.
