Cassidy Layne Bearinger (CRD #8137209) Has a Customer Dispute Disclosure on FINRA BrokerCheck

Cassidy Layne Bearinger (CRD #8137209) is a broker with a customer dispute on FINRA BrokerCheck. We reviewed her BrokerCheck report on May 7, 2026. It reflects one customer dispute. If you invested with Cassidy Bearinger and have concerns, keep reading.

BrokerCheck link: BrokerCheck

BrokerCheck report: BrokerCheck Report (PDF)

Investor Disputes / Customer Complaints

Cassidy Bearinger’s FINRA BrokerCheck Report reflects one customer dispute disclosure. A summary of the dispute is below:

On March 6, 2026, a customer alleged Cassidy Bearinger did not enter trade orders as requested. The customer sought $6,680 in damages. Cassidy Bearinger FINRA BrokerCheck lists the product as a mutual fund. The matter settled on March 18, 2026, for $1,005.60. Bearinger’s statement says neither she nor the firm received trade orders from the client in good order. The statement also says the firm offered to backdate the trades as an accommodation.

Rule Summary #1: FINRA Rule 2010 (Standards of Commercial Honor and Principles of Trade)

FINRA Rule 2010 requires a member to observe high standards of commercial honor. It also requires just and equitable principles of trade. A dispute about unentered trade orders may raise fair dealing questions.

Rule Summary #2: FINRA Rule 3110 (Supervision)

FINRA Rule 3110 requires each member to maintain a supervisory system. That system must be designed to achieve compliance with securities laws and FINRA rules. Order handling complaints may raise questions about review and supervision.

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 her FINRA BrokerCheck report, Cassidy Bearinger:

Is currently registered with Principal Securities, Inc.

Has passed the Securities Industry Essentials (SIE) exam. Cassidy Bearinger has also passed Series 7TO and Series 66.

Kurta Law Can Help

If you have worked with Cassidy Bearinger 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 Fraud | 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.