Christopher McCaffrey: $15mm Options Complaint Against Napa Rep

A pending investor complaint against Morgan Stanley representative Christopher McCaffrey (CRD# 2735236) alleges his recommendations led to $15 million in damages. Financial Industry Regulatory Authority records show that he is a broker and financial advisor based in Napa, California.

Mr. McCaffrey’s BrokerCheck report discloses one pending investor complaint. Filed in January 2022, it alleges that as a representative of Morgan Stanley Smith Barney, he made misrepresentations and unsuitable recommendations connected to an options trading strategy between 2018 and 2021. The pending complaint alleges damages of $15,531,642.

His BrokerCheck report also discloses one earlier investor complaint. Filed in 2004, it alleged that as a representative of A.G. Edwards & Sons, he executed unauthorized transactions involving common and preferred stock. The complaint alleged damages of $18,233.60 and was denied by the firm.

According to the Financial Industry Regulatory Authority, Christopher McCaffrey holds 25 years of securities industry experience. Based in Napa, California, he has been a representative of Morgan Stanley since 2009. His past registrations include Morgan Stanley & Co. (Stockton, California; 2007-2009), Morgan Stanley DW (Stockton, California; 2002-2007), and A.G. Edwards & Sons (St. Louis, Missouri and Stockton, California; 1996-2002). His credentials include the passage of four securities industry qualifying exams: the Uniform Combined State Law Examination, or Series 66; the Uniform Securities Agent State Law Examination, or Series 63; the Securities Industry Essentials Examination, or SIE; and the General Securities Representative Examination, or Series 7. He is registered with four self-regulatory organizations: FINRA, NYSE American LLC, the Nasdaq Stock Exchange, and the New York Stock Exchange. He is licensed in Alabama, Arizona, California, Colorado, Idaho, Minnesota, Montana, Nevada, Oregon, Texas, Utah, Virginia, Washington, and Wisconsin. (Information current as of May 17, 2022.)

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