Chad Ryan Barancyk, Formerly of First Allied Securities, Suspended by FINRA Following Failure to Respond to Requests for Information

INVESTORS: Former First Allied Securities broker Chad Ryan Barancyk was suspended by FINRA after refusing to respond to FINRA’s requests for information.

Chad Ryan Barancyk (CRD#: 4921433) was registered as a broker with First Allied Securities from 2014 until 2021. Previously, Barancyk was registered as a broker with SII Investments from 2005 until 2014.

Barancyk has thirteen disclosures on his BrokerCheck report. Two customer disputes filed against Barancyk were denied.

July 2022 Regulatory Judgment

Status: Final

Initiated By: FINRA

Allegations: Respondent Barancyk failed to respond to FINRA requests for information.

Resolution: Letter

Sanctions: Suspension

Registration Capacities Affected: All Capacities

Duration: Indefinite

Duration Explanation: Continues until required information is provided to FINRA or the suspension converts to a bar.

Start Date: 7/11/2022

Regulator Statement: Pursuant to FINRA Rule 9552 and in accordance with FINRA’s Notice of Suspension letter dated June 15, 2022, Barancyk is suspended on July 11, 2022 from associating with any FINRA member firm in all capacities. If Barancyk fails to request termination of the suspension within three months of the date of the Notice of Suspension, he will automatically be barred on September 19, 2022 from association with any FINRA member in all capacities pursuant to FINRA Rule 9552(h).


June 2022 Employment Separation After Allegations

Firm Name: Great Point Capital, LLC

Termination Type: Discharged

Allegations: Failed to provide required information for a FINRA inquiry


February 2022 Customer Dispute

Status: Pending

Allegations: Claimants allege their financial adviser recommended investments that were unsuitable for them. Claimants generally allege unsuitability, breach of fiduciary duty, breach of contract, and negligence.

Damage Amount Requested: $260,000.00


February 2022 Customer Dispute

Status: Pending

Allegations: Claimant alleges that she was recommended to invest in unsuitable alternative investments.

Damage Amount Requested: $259,330.00


September 2021 Customer Dispute

Status: Pending

Allegations: Claimants generally allege negligence, misrepresentation, failure to supervise, and breach of contract.

Damage Amount Requested: $500,000.00


August 2021 Customer Dispute

Status: Pending

Allegations: Claimant generally alleges suitability, misrepresentation, respondeat superior, and failure to supervise.

Damage Amount Requested: $53,000.00


June 2021 Customer Dispute

Status: Pending

Allegations: Claimants allege former registered representative recommended unsuitable alternative investments and REITs.

Damage Amount Requested: $100,000.00


May 2021 Customer Dispute

Status: Pending

Allegations: Claimant alleges former registered representative recommended unsuitable alternative investments and REITs.

Damage Amount Requested: $500,000.00


May 2021 Customer Dispute

Status: Pending

Allegations: Claimants allege former registered representative recommended unsuitable alternative investments and REITs.

Damage Amount Requested: $200,000.00


August 2020 Customer Dispute

Status: Pending

Allegations: Claimant alleges that her financial advisor recommended unsuitable investments and failed to properly diversify her portfolio. Claimant generally alleges breach of duties and contract and failure to supervise.

Damage Amount Requested: $250,000.00


June 2017 Regulatory Judgment

Status: Final

Initiated By: FINRA

Allegations: Respondent Barancyk failed to comply with an arbitration award or settlement agreement or to satisfactorily respond to a FINRA request to provide information concerning the status of compliance.

Resolution: Letter

Sanctions: Suspension

Registration Capacities Affected: All Capacities

Duration: N/A

Start Date: 6/27/2017

End Date: 6/30/2017

Regulator Statement: Pursuant to Article VI, Section 3 of FINRA By-Laws, and FINRA Rule 9554, Respondent Barancyk is suspended on June 27, 2017, for failure to comply with an arbitration award or settlement agreement or to satisfactorily respond to a FINRA request to provide information concerning the status of compliance. Suspension lifted on June 30, 2017.


If you have any information about Chad Ryan Barancyk that you would like to share or discuss, please call our firm for a confidential consultation. We represent investors in claims against negligent brokers and brokerage firms. If you or your loved one experienced investment losses, we are here to help. For a free consultation, please call us now at 866-827-3202 or complete our contact form.