Gregory Malcolm McLeod (CRD #2741097) Has Customer Dispute Disclosures on FINRA BrokerCheck
Gregory Malcolm McLeod (CRD #2741097) has been the subject of disclosure events, which have recently been reported on his FINRA BrokerCheck Report. According to Gregory Malcolm McLeod’s FINRA BrokerCheck report accessed on January 18, 2026, Gregory Malcolm McLeod has been the subject of six customer disputes. If you invested with Gregory Malcolm McLeod and you have concerns about his activity, keep reading.
BrokerCheck link: BrokerCheck
BrokerCheck report: BrokerCheck Report (PDF)
Investor Disputes / Customer Complaints
Gregory McLeod’s FINRA BrokerCheck Report reflects six customer dispute disclosures. A summary of two of the pending disputes is below:
On November 24, 2025, a customer alleged that Gregory McLeod was involved in allegations including breach of fiduciary duty, negligence, violation of Reg BI, breach of contract, and failure to supervise. The product type listed on the disclosure is Other (Alternatives – GWG), and the alleged damages are $550,000.00. The disclosure reflects the matter is pending, and includes a FINRA arbitration filing dated November 5, 2025 (Docket/Case #25-02430).
On July 2, 2025, a customer alleged that Gregory McLeod was involved in allegations including breach of contract, breach of fiduciary duty, failure to supervise, negligence, misrepresentations/omissions, and violations of state and federal securities laws and regulations. The product type listed on the disclosure is Other (Alternatives – GWG), and the alleged damages are $500,000.00. The disclosure reflects the matter is pending and includes a FINRA arbitration filing dated July 1, 2025 (Docket/Case #25-01354).
BrokerCheck also reflects four additional customer dispute disclosures involving Gregory McLeod.
Rule summary #1: FINRA Rule 3110 (Supervision)
FINRA Rule 3110 (Supervision) requires member firms to establish and maintain a supervisory system that is reasonably designed to achieve compliance with applicable securities laws and regulations and FINRA rules.
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, Gregory McLeod:
- Is currently registered with Newbridge Securities Corporation and NFSG Corporation.
- Has passed the Securities Industry Essentials (SIE), Series 7, Series 66, Series 63, and Series 4 exams.
- Was previously registered with firms that include Preferred Securities Group, Inc. and Southern Financial Group, Inc.
Kurta Law Can Help
If you have worked with Gregory McLeod 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: Breach of Fiduciary Duty | Failure to Supervise
For nearly 20 years, Kurta Law has advocated for investors and helped hold financial professionals accountable—because investors should not have to sit quietly while alleged misconduct and securities fraud go unchecked. Start your recovery process today.