David Cameron Monckton of Columbia, South Carolina, a stockbroker registered with Voya Financial Advisors Inc., was the subject of a customer initiated investment related FINRA securities arbitration claim that was settled for $60,000.00 in damages based upon allegations that Monckton made unsuitable investment recommendations in connection with the sale of real estate securities when Monckton was associated with Voya Financial Advisors Inc. Financial Industry Regulatory Authority (FINRA) Arbitration No. 20-02867 (February 23, 2022).
FINRA Public Disclosure shows that Monckton is referenced in three other customer initiated investment related disputes concerning Monckton’s conduct while associated with securities broker dealers. On October 7, 2011, a customer initiated investment related FINRA securities arbitration claim involving Monckton’s conduct was settled for $75,000.00 in damages based upon allegations that Monckton mismanaged investment accounts, made unsuitable recommendations, breached his fiduciary duties, breached a contract, was negligent, failed to supervise certain registered representatives, committed fraud, and made misrepresentations of material fact in connection with the sale of stocks and variable annuities when Monckton was associated with ING Financial Partners Inc. FINRA Arbitration No. 10-03702.
On January 5, 2021, another customer filed an investment related FINRA securities arbitration claim involving Monckton’s conduct in which the customer requested $85,000.00 in damages based upon allegations that Monckton gave unsuitable advice about real estate securities during the time that Monckton was associated with Voya Financial Advisors Inc. FINRA Arbitration No. 20-04082.
Monckton was also referenced in a FINRA securities arbitration claim that was settled for $14,999.00 in damages based upon allegations that Monckton made unsuitable recommendations in connection with the sale of BDCs and closed-end funds at Voya Financial Advisors Inc. FINRA Arbitration No. 20-03471 (December 14, 2021).
Monckton was associated with Voya Financial Advisors Inc. in Columbia, South Carolina, as a stockbroker from November of 2000 to June of 2020, and was associated with Voya Financial Advisors Inc. in Windsor, Connecticut, as an investment adviser representative from January of 2005 to June of 2020.
Monckton has been associated with Ameriprise Financial Services LLC in Seneca, South Carolina, as a stockbroker and investment adviser representative since June 8, 2020.
