Amos Akinyooye (CRD #5569402) Has Employment Separation and Customer Dispute Disclosures on FINRA BrokerCheck

Amos Akinyooye (CRD #5569402) is a broker with an employment separation disclosure and a customer dispute on FINRA BrokerCheck. We reviewed his BrokerCheck report on April 16, 2026. It reflects one employment separation and one customer dispute. If you invested with Amos Akinyooye and have concerns, keep reading.

BrokerCheck link: BrokerCheck

BrokerCheck report: BrokerCheck Report (PDF)

Employment Separation

Amos Akinyooye’s FINRA BrokerCheck Report reflects one employment separation disclosure. A summary of the disclosure is below:

On February 10, 2026, Cetera Advisors LLC discharged Amos Akinyooye. Amos Akinyooye’s FINRA BrokerCheck Report states he was discharged after allegations that he violated the firm’s written supervisory procedures by engaging in outside business activities before obtaining written approval from the firm’s compliance department. BrokerCheck lists the product type as no product.

Investor Disputes / Customer Complaints

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

On October 20, 2016, a customer alleged Amos Akinyooye made unsuitable recommendations in the purchase of a variable annuity in 2015. BrokerCheck lists the alleged damages as $0.00 and states the client did not specify a dollar amount. The matter was denied on November 2, 2016. Amos Akinyooye’s FINRA BrokerCheck Report includes a broker statement that the firm found no basis for the customer complaint.

Rule Summary #1: FINRA Rule 3270 (Outside Business Activities of Registered Persons)

FINRA Rule 3270 requires registered persons to give prior written notice before engaging in outside business activities. A disclosure about unapproved outside activity can raise questions about whether that notice was given and reviewed.

Rule Summary #2: FINRA Rule 3110 (Supervision)

FINRA Rule 3110 requires firms to maintain a supervisory system and written procedures that are reasonably designed to achieve compliance with securities laws and FINRA rules. When a firm reports a discharge tied to written supervisory procedures, this rule often frames the supervisory issue.

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 his FINRA BrokerCheck report, Amos Akinyooye:

Is currently registered with Vanderbilt Securities, LLC.

Has passed the Securities Industry Essentials (SIE) exam. Amos Akinyooye has also passed Series 7, Series 24, and Series 66.

Was previously registered with firms that include Cetera Advisors LLC and Equitable Advisors, LLC.

Kurta Law Can Help

If you have worked with Amos Akinyooye and you have concerns about his activity, Kurta Law may be able to help you evaluate your legal options. A securities attorney can help you assess potential causes of action and determine whether your losses may be recoverable through FINRA arbitration or other avenues. 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.