Aaron M Rathbun (CRD #6965475) Has a Customer Dispute Disclosure on FINRA BrokerCheck

Aaron M Rathbun (CRD #6965475) is a broker with a customer dispute on FINRA BrokerCheck. We reviewed his BrokerCheck report on March 19, 2026. It reflects one customer dispute. If you invested with Aaron Rathbun and have concerns, keep reading.

BrokerCheck link: BrokerCheck

BrokerCheck report: BrokerCheck Report (PDF)

Investor Disputes / Customer Complaints

Aaron Rathbun’s FINRA BrokerCheck Report reflects one customer dispute disclosure. A summary of the dispute is below:

On January 12, 2026, a customer alleged that Aaron Rathbun allowed an unauthorized transfer of funds from her account. The complaint says an approved full trading agent initiated the transfer without her authorization. The customer sought $10,000 in damages. Aaron Rathbun’s FINRA BrokerCheck report lists the matter as denied on January 20, 2026. His statement says the transfer was initiated by an approved full trading authorized agent on the account, and the firm found no wrongdoing by the representative.

Rule Summary #1: FINRA Rule 2150 (Improper Use of Customers’ Securities or Funds)

FINRA Rule 2150 bars improper use of a customer’s securities or funds. A complaint about an unauthorized transfer can raise questions about whether customer funds were handled with proper authority and safeguards.

Rule Summary #2: FINRA Rule 2010 (Standards of Commercial Honor and Principles of Trade)

FINRA Rule 2010 requires brokers to observe high standards of commercial honor and just and equitable principles of trade. Complaints about unauthorized transfers can trigger review of whether the conduct met that standard.

Why This Matters to Investors (Regulation Best Interest)

Regulation Best Interest (Reg BI) is a U.S. securities regulation. It strengthens the standard of conduct that broker-dealers owe to retail investors. It applies when they recommend securities transactions or investment strategies. The U.S. Securities and Exchange Commission adopted Reg BI. It became effective on June 30, 2020. Reg BI aims to protect investors while preserving access to brokerage products and services.

Reg BI requires broker-dealers and financial advisors to act in a retail customer’s best interest at the time of a recommendation. They must not place their own financial or other interests ahead of the customer’s. This standard is higher than the older “suitability” rule. Suitability meant a recommendation only had to be appropriate. It did not have to be the best option or free of conflicts.

Disclosure Obligation – Broker-dealers must disclose material facts about the relationship and the recommendation. This includes fees, the scope of services, and conflicts of interest.

Care Obligation – Broker-dealers must use reasonable diligence, care, and skill. They must consider costs, risks, and alternatives when making a recommendation.

Conflict of Interest Obligation – Firms must identify conflicts of interest. They must disclose them and mitigate or eliminate them. This includes conflicts that create incentives to favor one product over another.

Compliance Obligation – Firms must maintain policies and procedures. Those policies should be designed to ensure compliance with Reg BI as a whole.

Reg BI applies to each recommendation. It is not a continuous duty like the fiduciary standard for registered investment advisers. Even so, it narrows the gap. It puts more focus on costs, conflicts, and investor-focused decision-making.

Overall, Regulation Best Interest promotes transparency. It also aims to improve the quality of investment recommendations. It is designed to reinforce trust between retail investors and broker-dealers in the U.S. securities markets.

Background Information (from BrokerCheck)

Based on his FINRA BrokerCheck report, Aaron Rathbun:

Is currently registered with Charles Schwab & Co., Inc.

Has passed the Securities Industry Essentials (SIE) exam. Aaron Rathbun has also passed Series 7TO, Series 66, Series 9, and Series 10.

Has no previously registered firms listed on the BrokerCheck report.

Kurta Law Can Help

If you have worked with Aaron Rathbun and you have concerns about his activity, Kurta Law may be able to help you evaluate your legal options. To speak with Kurta Law, call 877-600-0098 or email info@kurtalawfirm.com.

Helpful resources: Securities Attorney | Securities Fraud

For nearly 20 years, Kurta Law has advocated for investors and helped hold financial professionals accountable. The firm represents clients nationwide in securities arbitration and related disputes. If you believe a broker or firm mishandled your account, an attorney can review the facts and explain possible next steps.