Drew Matthew Peacock (CRD #5834481) Has Customer Dispute Disclosures on FINRA BrokerCheck
Drew Matthew Peacock (CRD #5834481) has been the subject of disclosure events, which have recently been reported on his FINRA BrokerCheck Report. According to Drew Matthew Peacock’s FINRA BrokerCheck report accessed on January 24, 2026, Drew Matthew Peacock has been the subject of seven customer disputes and one termination. If you invested with Drew Matthew Peacock and you have concerns about his activity, keep reading.
BrokerCheck link: BrokerCheck
BrokerCheck report: BrokerCheck Report (PDF)
Investor Disputes / Customer Complaints
Drew Peacock FINRA BrokerCheck report reflects seven customer dispute disclosures. Below are two examples:
On November 11, 2025, a customer alleged that Drew Peacock recommended the purchase of Activision Blizzard bonds with interest rates of 1.35% and 2.5%, and maturities in 2030 and 2050. The customer further alleged the bonds were unsuitable, risky, and in significant concentrations in the customer’s portfolio. The product type listed on the disclosure is Debt-Corporate, and the alleged damages are $45,000.00. The disclosure reflects the matter is pending.
On November 12, 2024, customers verbally alleged that Drew Peacock provided incorrect information on bond purchases completed in January and February of 2023. The product type listed on the disclosure is Debt-Corporate, and the alleged damages are $132,163.68. The disclosure reflects the matter was settled on November 12, 2024 for $132,163.68.
The report also lists five additional customer dispute disclosures.
Employment Separation After Allegations
Drew Peacock FINRA BrokerCheck report reflects one termination disclosure. A summary of the disclosure is below:
On April 4, 2024, Ameriprise Financial Services, LLC discharged Drew Peacock and stated the termination involved an allegation that Registered representative was terminated for failing to follow direction from the firm.
Rule summary #1: FINRA Rule 2111 (Suitability)
FINRA Rule 2111 (Suitability) requires brokers and firms to have a reasonable basis to believe a recommended transaction or investment strategy is suitable for the customer based on the customer’s investment profile and the facts of the recommendation.
Rule summary #2: FINRA Rule 2010
FINRA Rule 2010 is a broad, principles-based rule requiring members and associated persons to observe high standards of commercial honor and just and equitable principles of trade. FINRA frequently cites Rule 2010 in matters involving unethical conduct.
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, Drew Peacock:
- Is not currently registered.
- Has passed the Securities Industry Essentials (SIE), Series 7, and Series 66 exams.
- Was previously registered with firms that include Ameriprise Financial Services, LLC and Edward Jones.
Kurta Law Can Help
If you have worked with Drew Peacock 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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