Christopher Booth Kennedy

11/17/2023: FINANCIAL INDUSTRY REGULATORY AUTHORITY OFFICE OF HEARING OFFICERS Department of Enforcement, Complainant, v. Christopher Booth Kennedy CRD No. 4498061, Respondent Disciplinary Proceeding No. 2021072389001 Hearing Officer-MC ORDER ACCEPTING OFFER OF SETTLEMENT Date: November 17, 2023 INTRODUCTION Disciplinary Proceeding No. 2021072389001 was filed on September 22, 2023, by the Department of Enforcement of the Financial Industry Regulatory Authority (FINRA or Complainant). Respondent Christopher Booth Kennedy submitted an Offer of Settlement (Offer) to Complainant dated November 14, 2023. Pursuant to FINRA Rule 9270(e), the Complainant and the National Adjudicatory Council (NAC), a Review Subcommittee of the NAC, or the Office of Disciplinary Affairs (ODA) have accepted the uncontested Offer. Accordingly, this Order now is issued pursuant to FINRA Rule 9270(e)(3). The findings, conclusions and sanctions set forth in this Order are those stated in the Offer as accepted by the Complainant and approved by the NAC

09/22/2023: FINANCIAL INDUSTRY REGULATORY AUTHORITY OFFICE OF HEARING OFFICERS Department of Enforcement, Complainant, v. Christopher Booth Kennedy CRD No. 4498061, Respondent Disciplinary Proceeding No. 2021072389001 COMPLAINT The Department of Enforcement alleges: SUMMARY 1. Between July 2020 and July 2021, Respondent Christopher Kennedy churned and excessively traded four accounts of six customers (Customers 1–6) as a registered representative of FINRA member Western International Securities. 2. Kennedy used his control over these accounts to direct an excessive series of transactions in each account that generated commissions for his own benefit at the customers’ expense. 3. In all, between July 2020 and July 2021, Kennedy directed over 5,300 trades representing net trading of more than $350 million in the four accounts of Customers 1–6. Each month, Kennedy made an average of 102 trades per account representing net trading of more than $6.9 million per account or approximately 13 times the average account value.

Reference 2021072389001finra.orgdata-portal.finra.orgdata-portal.finra.org