Amanda L Braun (CRD #5270615) Has Judgment/Lien Disclosures on FINRA BrokerCheck

Amanda L Braun (CRD #5270615) is a broker with judgment/lien disclosures on FINRA BrokerCheck. We reviewed her BrokerCheck report on April 10, 2026. It reflects two judgment/lien disclosures. If you invested with Amanda L Braun and have concerns, keep reading.

BrokerCheck link: BrokerCheck

BrokerCheck report: BrokerCheck Report (PDF)

Judgment / Lien

Amanda Braun’s FINRA BrokerCheck Report reflects two judgment/lien disclosures. Summaries are below:

On January 20, 2026, Amanda Braun FINRA BrokerCheck reported a civil judgment/lien for $855.74. BrokerCheck lists Credit Management Services, Inc. as the holder. It states the matter is outstanding, was filed in Douglas County Court in Douglas County, Nebraska, and lists case number CI25 28300. Amanda Braun reported learning of it on March 12, 2026.

A second Amanda Braun FINRA BrokerCheck judgment/lien disclosure lists a civil matter for $792.41. The report names Credit Management Services, Inc. as the holder and says the matter remains outstanding. It was filed on January 28, 2025, in the County Court of Douglas County, Nebraska, in Omaha, under case number C 1 CI 24 20902. Amanda Braun reported learning of it on March 19, 2025.

Rule Summary #1: FINRA Rule 1122 (Filing of Misleading Information as to Membership or Registration)

FINRA Rule 1122 says registration filings cannot be incomplete or inaccurate in a misleading way. That rule matters when disclosure information must be kept current on a broker’s record.

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. FINRA often cites this rule with disclosure-related violations when required Form U4 information is not kept current.

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.

Reg BI has four key obligations:

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 her FINRA BrokerCheck report, Amanda Braun:

Is currently registered with Merrill Lynch, Pierce, Fenner & Smith Incorporated.

Has passed the Securities Industry Essentials (SIE) exam. Amanda Braun has passed Series 7. She has also passed Series 9, Series 10, and Series 66.

Was previously registered with firms that include RBC Capital Markets, LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated.

Kurta Law Can Help

If you have worked with Amanda Braun and you have concerns about her 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 | Security Fraud

For nearly 20 years, Kurta Law has advocated for investors and helped hold financial professionals accountable. Our 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.