Branch offices
0 offices
FINRA: Small firm
CRD #13822 · FINRA BrokerCheck + SEC IAPD
First Options of Chicago, Inc.
According to FINRA BrokerCheck disclosure totals used on PlainAdvisorCheck graded firms, First Options of Chicago, Inc. ranks #105 of 20,055 by disclosure count (most disclosures first). First Options of Chicago, Inc. carries 48 BrokerCheck disclosures across 0 branch offices - heavy load for a single-office firm, earning a Grade F.
- Grade F
- Safety grade
- 0
- branch offices
- 48
- disclosures
- #105 of 20,055
- disclosure rank · graded
FINRA BrokerCheck disclosure docket
CRD record 13822 First Options of Chicago, Inc.
First Options of Chicago, Inc. · Grade F · 48 disc · 48.00/office · Single-office firm
- CRD 13822
- GRADE F
- DISC 48
- REG 46
- ARB 2
- CIV 0
- BRANCH 0
- PER-OFF n/a
- RANK #105 of 20,055
- BOOK Single-office firm
Nearest same-size peer: Brookstreet Securities Corporation (48.00 disc/office)
First Options of Chicago, Inc. ranks #105 of 20,055 by disclosure count among graded broker-dealers; heavy load at 48.00 disclosures per office. Verify on FINRA BrokerCheck →
PlainAdvisorCheck rating 1/5 - an editorial, size-normalized signal, not a regulatory determination. Always verify the underlying record on FINRA BrokerCheck before engaging an advisor.
Data updated July 2026
Total disclosures
48 events
On FINRA BrokerCheck
Regulatory events
46 actions
96% of all disclosures
Disclosures per office
- per office
footprint not reported
Disclosure Breakdown
| Disclosure Type | Count |
|---|---|
| Regulatory Events | 46 |
| Arbitrations | 2 |
| Civil Events | 0 |
| Total | 48 |
Counts for First Options of Chicago, Inc. reflect events reported on FINRA BrokerCheck as of July 2026. Disclosures are reported events, not proven violations.
Disclosure category share
Regulatory 46 Arbitration 2 Civil 0
Firm Details
- Firm Size
- Small
- Scope
- INACTIVE
- Formed
- 03/29/1979
- State of Formation
- Delaware
- CRD Number
- 13822
- SEC Number
- 23787
Regulator-heavy mix
First Options of Chicago, Inc. in the heavier-disclosure third
First Options of Chicago, Inc. carries 48 BrokerCheck disclosures across 0 branch offices - a heavier-third raw book among graded firms (#105 of 20,055). Regulator-initiated events are 96% of the book (46 regulatory / 2 arbitration / 0 civil).
96% of First Options of Chicago, Inc.'s 48 disclosures are regulator-initiated (46 events). Verify on FINRA BrokerCheck ↗ · how disclosures are interpreted.
Educational summary of First Options of Chicago, Inc.'s disclosure book - not financial advice. Disclosures are reported events, not proven violations; consult a licensed advisor before decisions.
Source: FINRA BrokerCheck & SEC IAPD Public Disclosure Data
Frequently Asked Questions
Where does First Options of Chicago, Inc. sit among graded broker-dealers by disclosure count?
According to FINRA BrokerCheck disclosure totals used on PlainAdvisorCheck graded firms, First Options of Chicago, Inc. ranks #105 of 20,055 by disclosure count (most disclosures first). Ordinals match the disclosure-first sort documented on our methodology corpus-placement section. A high disclosure rank is not automatically a finding of wrongdoing; larger firms accumulate more reported events. Always review the underlying FINRA BrokerCheck detail before engaging.
What does a grade of F mean for First Options of Chicago, Inc.?
A grade of F reflects First Options of Chicago, Inc.'s disclosure intensity, its weighted disclosure load per branch office, ranked against other firms of a similar size (single-office firm). It carries 48 total disclosures across 0 branch offices. Review the specific disclosures on FINRA BrokerCheck before engaging.
How many FINRA disclosures does First Options of Chicago, Inc. have?
First Options of Chicago, Inc. has 48 total FINRA disclosures, including 46 regulatory events, 2 arbitrations. Disclosures reflect reported events on FINRA BrokerCheck and do not necessarily indicate proven violations.
How big is First Options of Chicago, Inc.?
First Options of Chicago, Inc. operates 0 branch offices and is classified by FINRA as a small firm (Single-office firm). FINRA BrokerCheck publishes branch-office counts but not a firmwide registered-representative headcount, so PlainAdvisorCheck measures firm size by branch footprint.
Where can I verify First Options of Chicago, Inc.'s disciplinary record?
You can verify First Options of Chicago, Inc.'s full disciplinary history on FINRA BrokerCheck at brokercheck.finra.org using CRD number 13822. BrokerCheck provides detailed information about individual registered representatives, complaints, and regulatory actions.
What is a FINRA disclosure?
A FINRA disclosure is a reported event (regulatory, arbitration, or civil). First Options of Chicago, Inc.'s 48 events mean reading the underlying BrokerCheck detail matters more than the raw count alone.
Should I avoid First Options of Chicago, Inc. because of its disclosures?
Not necessarily. Larger firms accumulate more disclosures simply because they operate more offices, so PlainAdvisorCheck grades each firm against same-size peers rather than on raw counts. First Options of Chicago, Inc. carries 48 disclosures across 0 branch offices (about 48.00 per office). Review the nature of individual disclosures on FINRA BrokerCheck before making a decision.
Read with this firm
- Brookstreet Securities Corporation - 48.00 disclosures/office, nearest single-office firm peer to First Options of Chicago, Inc.'s 48.00
- FFP Securities, Inc. - 48.00 disclosures/office, nearest single-office firm peer to First Options of Chicago, Inc.'s 48.00
- FSC Securities Corporation - 47.00 disclosures/office, nearest single-office firm peer to First Options of Chicago, Inc.'s 48.00
- Red Flags in Advisor Records - How to read First Options of Chicago, Inc.'s heavy load disclosure profile without over-reading raw counts.
- Reading BrokerCheck Reports - Parse the 48 disclosures behind First Options of Chicago, Inc.'s Grade F.
- Highest-Risk Firms - Grade D/F firms on the same size-normalized scale as First Options of Chicago, Inc..
- Compare firms - put First Options of Chicago, Inc. next to peers on grade and footprint.
Read our methodology - heavier-disclosure firms: how raw counts and per-office intensity are graded.
Retrieved and formatted by PlainAdvisorCheck from FINRA BrokerCheck public records.
Every figure on PlainAdvisorCheck is rendered directly from FINRA BrokerCheck and SEC IAPD disciplinary records, no number is typed in by an editor. This page draws directly on FINRA BrokerCheck and SEC IAPD data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of July 2026.