Brian Boyer Davis (CRD #6762567) Has a Regulatory and Customer Dispute Disclosure on FINRA BrokerCheck

Brian Boyer Davis (CRD #6762567) was previously registered as a broker, according to his FINRA BrokerCheck report. We reviewed his BrokerCheck report on February 10, 2026. It reflects one regulatory action and one customer dispute. FINRA barred Davis in December 2025. If you invested with Brian Boyer Davis and have concerns, keep reading.

BrokerCheck link: BrokerCheck

BrokerCheck report: BrokerCheck Report (PDF)

Regulatory Action

Brian Boyer Davis’ FINRA BrokerCheck report reflects one regulatory event. A summary of the event is below:

On December 12, 2025, FINRA reported a final regulatory action involving Brian Davis. According to BrokerCheck, Davis consented to findings that he refused to appear for on-the-record testimony requested by FINRA. The matter originated from FINRA’s review of amended Forms U5 filed by his former firm, Principal Securities, Inc. FINRA permanently barred Davis in all capacities starting December 12, 2025.

Regulatory document: AWC (PDF)

Investor Disputes / Customer Complaints

Brian Boyer Davis’ FINRA BrokerCheck report reflects one customer dispute disclosure. A summary of the dispute is below:

On October 7, 2024, a customer filed a pending civil dispute involving Brian Davis. The plaintiffs alleged breach of contract, unjust enrichment, and fraud related to promissory notes. BrokerCheck lists the product as a promissory note. The customers alleged damages of $75,000, and the matter is still pending.

Rule Summary #1: FINRA Rule 8210 (Information and Testimony Requests)

FINRA Rule 8210 allows FINRA to require information and testimony during investigations. When a broker refuses to cooperate, it can lead to serious sanctions, including a bar.

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

FINRA Rule 2010 requires associated persons to follow high standards of commercial honor. FINRA often cites Rule 2010 in disciplinary actions tied to misconduct and rule violations.

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, Brian Boyer Davis:

Is not currently registered.

Has passed the Securities Industry Essentials (SIE) exam. Brian Boyer Davis has also passed Series 6 and Series 63.

Was previously registered with firms that include Principal Securities, Inc. and MWA Financial Services Inc.

Kurta Law Can Help

If you have worked with Brian Boyer Davis 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: Selling Away | Unsuitable Investments

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.