Chapin Davis

03/31/2026: On 17 days between August 2021 and May 2022, Chapin Davis conducted a securities business while failing to maintain the required minimum net capital and failed to notify the SEC or FINRA of those deficiencies. The firm’s miscalculations also caused it to maintain inaccurate books and records and file 11 inaccurate Financial and Operational Combined Uniform Single (FOCUS) reports between April 2021 and December 2022. The firm also failed to establish and maintain a supervisory system, including written supervisory procedures, reasonably designed to achieve compliance with its net capital and recordkeeping obligations, as well as the Compliance Obligation of Regulation Best Interest (Reg BI) between June 30, 2020 and June 2023. As a result of this conduct, Chapin Davis violated Sections 15(c)(3) and 17(a) of the Securities Exchange Act of 1934, Exchange Act Rules 15c3-1, 15l-1(a)(1), 17a-3, 17a-5, and 17a-11, and FINRA Rules 4110(b)(1), 4511, 3110, and 2010.

Reference 2022073322201finra.orgdata-portal.finra.org

04/08/2020: FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER AND CONSENT NO. 2018056386601 TO: Department of Enforcement Financial Industry Regulatory Authority (FINRA) RE: Chapin, Davis, Respondent Member Firm CRD No. 28116 Pursuant to FINRA Rule 9216 of FINRA's Code of Procedure, Respondent Chapin, Davis ("Chapin, Davis" or the "Firm") submits this Letter of Acceptance, Waiver and Consent ("AWC") for the purpose of proposing a settlement of the alleged rule violations described below.

Reference 2018056386601data-portal.finra.orgfinra.org