Bruce Hal Feldman (CRD #2872417) Has Customer Dispute Disclosures on BrokerCheck
Bruce Hal Feldman (CRD #2872417) has been the subject of disclosure events reported on Bruce Hal Feldman’s FINRA BrokerCheck. According to Bruce Hal Feldman’s FINRA BrokerCheck report accessed on January 14, 2026, Bruce Hal Feldman has been the subject of 4 customer dispute disclosures (1 pending and 3 final). If you invested with Bruce Hal Feldman and you have concerns about his activity, keep reading.
BrokerCheck link: BrokerCheck
BrokerCheck report: BrokerCheck Report (PDF)
Rule summary #1: FINRA Rule 2111 (Suitability)
FINRA Rule 2111 (Suitability) generally requires broker-dealers and associated persons to have a reasonable basis to believe a recommended transaction or investment strategy is suitable for at least some investors, and suitable for a particular customer based on the customer’s investment profile. When recommendations involve variable or insurance-related products, suitability analysis can include risks, costs, and how the product fits the investor’s goals.
Rule link: FINRA Rule 2111 (Suitability)
Rule summary #2: FINRA Rule 2010
FINRA Rule 2010 is a broad, principles-based rule requiring high standards of commercial honor and just and equitable principles of trade. FINRA often references Rule 2010 when it alleges conduct falls below expected ethical standards, including misleading statements or other unfair sales practices.
Rule link: FINRA Rule 2010
Investor disputes / customer complaints
Bruce Feldman’s FINRA BrokerCheck report reflects 4 customer dispute disclosures. Below are two examples:
Example 1 (Pending): Bruce Feldman FINRA BrokerCheck report reflects a customer dispute received on December 5, 2025. Customer alleges he was not informed of the fluctuating internal charges and a significant risk of lapse when he purchased a variable universal life policy in May 2022. The product type is listed as Insurance, and alleged damages are listed as $12,000.00.
Example 2 (Settled): Bruce Feldman FINRA BrokerCheck report reflects a customer complaint received on October 5, 2004. In a filing made by MetLife, it states the client alleges that the agent was dishonest regarding the variable life insurance policy purchased in September 2000. The product type is listed as Insurance, and the disclosure lists Settlement Amount: $12,716.00; Individual Contribution Amount: $0.00.
In addition to the two examples above, Bruce Feldman’s FINRA BrokerCheck report reflects 2 other customer dispute disclosures.
Why this matters to investors (Regulation Best Interest)
Regulation Best Interest (Reg BI) is a U.S. securities regulation designed to strengthen the standard of conduct that broker-dealers owe to retail investors when making recommendations about securities transactions or investment strategies. Adopted by the U.S. Securities and Exchange Commission and effective as of June 30, 2020, Reg BI aims to enhance investor protection while preserving investor access to brokerage products and services.
Reg BI requires broker-dealers and financial advisors to act in the best interest of the retail customer at the time a recommendation is made, and not to place their own financial or other interests ahead of the customer’s. This represents a higher standard than the historical “suitability” requirement, which only required that recommendations be suitable, not necessarily optimal or conflict-free.
Reg BI is built around four key obligations:
- Disclosure Obligation – Broker-dealers must disclose material facts about the relationship and recommendations, including fees, scope of services, and conflicts of interest.
- Care Obligation – Recommendations must be made with reasonable diligence, care, and skill, considering costs, risks, and alternatives.
- Conflict of Interest Obligation – Firms must identify, disclose, and mitigate or eliminate conflicts, particularly those that create incentives to favor one product over another.
- Compliance Obligation – Firms must establish policies and procedures designed to ensure compliance with Reg BI as a whole.
Importantly, Reg BI applies at the recommendation level, not as a continuous duty like the fiduciary standard applicable to registered investment advisers. Still, it significantly narrows the gap by emphasizing cost considerations, conflict management, and investor-focused decision-making.
Overall, Regulation Best Interest seeks to promote transparency, improve the quality of investment recommendations, and reinforce trust between retail investors and broker-dealers in the U.S. securities markets.
Background information (from BrokerCheck)
Based on his BrokerCheck Report, Bruce Feldman reportedly:
Is currently employed by and registered with NYLIFE SECURITIES LLC (registered since December 20, 2002).
Has passed the Securities Industry Essentials Examination (SIE), Series 6, and Series 63 exams.
Was previously registered with firms that include MetLife Securities Inc. and Metropolitan Life Insurance Company.
Kurta Law Can Help
If you have worked with Bruce Feldman and you have concerns about his activity, Kurta Law may be able to help you evaluate potential recovery options. You may be entitled to pursue a claim through FINRA arbitration, depending on the facts of your situation and the investments involved. Contact Kurta Law at 877-600-0098 or info@kurtalawfirm.com for a free consultation.
Helpful resources: Unsuitable Investments | Stockbroker Fraud
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