Duane Anderson (CRD #6147967) Has a Judgment / Lien Disclosure on FINRA BrokerCheck

Duane Anderson (CRD #6147967) is a broker with a judgment / lien disclosure on FINRA BrokerCheck. We reviewed his BrokerCheck report on April 10, 2026. It reflects one judgment / lien disclosure. If you invested with Duane Anderson and have concerns, keep reading.

BrokerCheck link: BrokerCheck

BrokerCheck report: BrokerCheck Report (PDF)

Judgment / Lien

Duane Anderson’s FINRA BrokerCheck Report reflects one judgment / lien disclosure. A summary of the disclosure is below:

On January 26, 2026, Duane Anderson’s FINRA BrokerCheck report disclosed an unsatisfied civil judgment / lien in the amount of $34,423.53. Duane Anderson’s FINRA BrokerCheck report identifies JP Morgan Chase as the holder. It lists the matter as filed in County Court, Orange County, Florida, under case number 2025-CC-018884-0. BrokerCheck also states Anderson learned of the matter on February 26, 2026.

Rule Summary #1: FINRA Rule 1122 (Filing of Misleading Information as to Membership or Registration)

FINRA Rule 1122 bars a broker from filing registration information that is incomplete or inaccurate in a misleading way. For judgment or lien disclosures, accurate reporting helps keep Form U4 records current and reliable.

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

FINRA Rule 2010 requires high standards of commercial honor and just and equitable principles of trade. Disclosure issues can matter because FINRA often cites this rule when required registration information is not kept accurate.

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, Duane Anderson:

Is currently registered with PFS Investments Inc.

Has passed the Securities Industry Essentials (SIE) exam and Series 6.

Is registered with FINRA and licensed in Florida through his employer.

Kurta Law Can Help

If you have worked with Duane Anderson and you have concerns about his activity, Kurta Law may be able to help you evaluate your legal options. A securities attorney can help you assess potential causes of action and determine whether your losses may be recoverable through FINRA arbitration or other avenues. 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.