Anthony D’Ascoli (CRD #4133420) Has 4 Customer Dispute Disclosures on FINRA BrokerCheck

Anthony D’Ascoli (CRD #4133420) is a broker with 4 customer dispute disclosures on FINRA BrokerCheck. We reviewed his BrokerCheck report on March 12, 2026. It reflects one pending and three final customer dispute disclosures. Anthony D’Ascoli is currently registered with Oppenheimer & Co. Inc.

BrokerCheck link: BrokerCheck

BrokerCheck report: BrokerCheck Report (PDF)

Investor Disputes / Customer Complaints

Anthony D’Ascoli’s FINRA BrokerCheck Report reflects 4 customer dispute disclosures. Below are two examples from that section. Two additional customer dispute disclosures also appear on the report.

On January 22, 2026, a claimant alleged Anthony D’Ascoli caused losses tied to investments in two fixed income funds from 2013 through 2024. Anthony D’Ascoli FINRA BrokerCheck states the claim is pending and lists requested damages of $850,000.

On February 14, 2023, claimants alleged Anthony D’Ascoli recommended unsuitable investments and asserted breach of fiduciary duty, negligence, negligent misrepresentation, and breach of contract. Anthony D’Ascoli FINRA BrokerCheck shows the matter settled on February 21, 2024 for $70,000, with no individual contribution listed for him.

Rule Summary #1: FINRA Rule 2111 (Suitability)

FINRA Rule 2111 requires a broker to have a reasonable basis to believe a recommendation is suitable for the customer. That review should match the recommendation to the customer’s investment profile, including risk tolerance, liquidity needs, and investment objectives.

Rule Summary #2: FINRA Rule 2090 (Know Your Customer)

FINRA Rule 2090 requires firms and brokers to use reasonable diligence to know the essential facts about each customer and the authority on the account. That rule helps support account handling and recommendations that fit the customer’s circumstances.

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, Anthony D’Ascoli:

Is currently registered with Oppenheimer & Co. Inc.

Has passed the Securities Industry Essentials (SIE) exam. Anthony D’Ascoli has passed Series 7 and Series 66.

Was previously registered with firms that include UBS Financial Services Inc. and Merrill Lynch, Pierce, Fenner & Smith Incorporated.

Kurta Law Can Help

If you have worked with Anthony D’Ascoli 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: Unsuitable Investments | Securities Attorney

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.