Bryce Dennis Peterson (CRD #4801660) Has a Regulatory Disclosure on FINRA BrokerCheck

Bryce Dennis Peterson (CRD #4801660) was previously registered as a broker and has a regulatory disclosure on FINRA BrokerCheck. We reviewed his BrokerCheck report on March 12, 2026. It reflects one regulatory event. If you invested with Bryce Dennis Peterson and have concerns, keep reading.

BrokerCheck link: BrokerCheck

BrokerCheck report: BrokerCheck Report (PDF)

Regulatory Action(s)

Bryce Dennis Peterson’s FINRA BrokerCheck report reflects one regulatory disclosure. A summary of the disclosure is below:

On January 21, 2026, the State of Washington Department of Financial Institutions finalized a regulatory action involving Bryce Dennis Peterson. The regulator alleged unregistered activity in Washington for compensation. Bryce Dennis Peterson’s FINRA BrokerCheck report states the matter ended by consent and lists no product. The report also states the order was not based on fraudulent, manipulative, or deceptive conduct.

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

FINRA Rule 3270 requires prior written notice before a registered person engages in outside business activity for compensation. Disclosures involving compensated activity outside the firm’s scope can raise questions about notice and supervision.

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

FINRA Rule 2010 requires firms to observe high standards of commercial honor and just and equitable principles of trade. Regulatory findings about unregistered or undisclosed investment-related activity can also raise Rule 2010 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:

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 Bryce Dennis Peterson’s public registration record:

Is currently registered as an investment adviser representative with Peterson Wealth Management.

Has passed Series 7, Series 86, Series 87, Series 63, and Series 65.

Was previously registered with D.A. Davidson & Co. He is currently approved in Oregon and Texas.

Kurta Law Can Help

If you worked with Bryce Dennis Peterson and 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: 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.