Brooke Peterson (CRD #7663981) Has an Employment Separation Disclosure on FINRA BrokerCheck

Brooke Peterson (CRD #7663981) was previously registered with Charles Schwab & Co., Inc. Her FINRA BrokerCheck report includes one employment separation disclosure. We reviewed the report on February 23, 2026. If you worked with Brooke Peterson and have concerns, keep reading.

BrokerCheck link: BrokerCheck

BrokerCheck report: BrokerCheck Report (PDF)

Employment Separation After Allegations

Brooke Peterson’s FINRA BrokerCheck report reflects one employment separation disclosure. A summary is below:

According to Brooke Peterson’s FINRA BrokerCheck report, Charles Schwab & Co., Inc. discharged her on November 25, 2025. The firm alleged she traded in a spouse’s brokerage account with the spouse’s permission but without written authorization. BrokerCheck lists the product type as “No Product.”

Rule Summary #1: FINRA Rule 3260 (Discretionary Accounts)

FINRA Rule 3260 limits discretionary trading to accounts with prior written authorization and firm acceptance. FINRA Rule 3260 is often cited when trading occurs without the written approvals the rule requires.

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

FINRA Rule 2010 requires firms and associated persons to observe high standards of commercial honor and just and equitable principles of trade. FINRA Rule 2010 is commonly referenced in cases involving conduct that raises fairness and integrity concerns.

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:

1. 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.
2. Care Obligation – Broker-dealers must use reasonable diligence, care, and skill. They must consider costs, risks, and alternatives when making a recommendation.
3. 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.
4. 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, Brooke Peterson:

Is not currently registered.

Was previously registered with Charles Schwab & Co., Inc. from May 2023 through December 2025.

Has passed the Securities Industry Essentials (SIE) exam. Brooke Peterson has also passed Series 7TO and Series 63.

Kurta Law Can Help

If you have worked with Brooke Peterson 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 | What Is Securities 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.