Chuck A. Roberts (CRD #2064602) Has Regulatory and Customer Dispute Disclosures on FINRA BrokerCheck

Chuck A. Roberts (CRD #2064602) was previously registered as a broker. Chuck Roberts’s FINRA BrokerCheck report shows he is not currently registered. We reviewed his BrokerCheck report on February 2, 2026. It reflects three regulatory events and 42 customer disputes. If you worked with Chuck Roberts and have concerns, keep reading.

BrokerCheck link: BrokerCheck

BrokerCheck report: BrokerCheck Report (PDF)

Regulatory Events

Chuck Roberts’s FINRA BrokerCheck report reflects three regulatory events. Two examples are below:

On July 16, 2025, FINRA barred Chuck Roberts from associating with any FINRA member firm. The disclosure states he refused to appear for on-the-record testimony requested under FINRA Rule 8210. You can read the full Acceptance, Waiver & Consent (AWC).

On August 4, 2010, the Illinois securities regulator entered an order involving Chuck Roberts. The order assessed $1,000 in investigation costs. It also reflects the amended notice of hearing was dismissed.

Chuck Roberts’s FINRA BrokerCheck report lists one additional regulatory event from 2010.

Investor Disputes / Customer Complaints

Chuck Roberts’s FINRA BrokerCheck report reflects 42 customer dispute disclosures. Two examples are below:

On December 15, 2025, a customer alleged Chuck Roberts breached a fiduciary duty and made misrepresentations in connection with investment recommendations. The disclosure lists the product as structured notes. The alleged damages were reported as $1,000,000, with the disclosure noting the claim sought $1,000,000 to $5,000,000. The matter is pending and reflects a FINRA arbitration filing (Docket/Case #25-02745).

On November 25, 2025, customers alleged Chuck Roberts breached a fiduciary duty, was negligent, and made misrepresentations related to investment recommendations. The products listed include structured notes and equity listed securities. The disclosure reports alleged damages of $100,000, with the disclosure stating the customers sought $100,000 to $500,000. The matter is pending and reflects a FINRA arbitration filing (Docket/Case #25-02621).

Chuck Roberts’s FINRA BrokerCheck report lists 40 additional customer disputes.

Rule Summary #1: FINRA Rule 8210 (Provision of Information and Testimony and Inspection and Copying of Books)

FINRA Rule 8210 allows FINRA to demand documents, information, and testimony in an investigation. A refusal to comply can lead to severe sanctions. A bar is one possible outcome.

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

FINRA Rule 2010 requires associated persons to observe high standards of commercial honor. It is often charged alongside other rule violations. Enforcement actions may cite Rule 2010 when conduct raises 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:

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, Chuck Roberts:

Is not currently registered as a broker.

Has passed the Securities Industry Essentials (SIE) exam. He has also passed Series 7 and Series 31. He has passed Series 65 and Series 63.

Was previously registered with firms that include Stifel, Nicolaus & Company, Incorporated; Morgan Stanley; and Citigroup Global Markets Inc.

Kurta Law Can Help

If you worked with Chuck Roberts and you have concerns about his activity, Kurta Law may be able to help you evaluate potential recovery options. A securities attorney can review the facts and explain possible claims. You may be entitled to pursue a claim through FINRA arbitration, depending on the circumstances. Contact Kurta Law at 877-600-0098 or info@kurtalawfirm.com for a free consultation.

Helpful resources: Selling Away | Misrepresentation and Omission

When a broker is barred or faces repeated customer disputes, investors may have questions about supervision, disclosures, and the suitability of past recommendations. Each case is different. An attorney can help you understand what information matters and what recovery options may be available.