Gregory Vincent Matthews (CRD #1389823) Has Regulatory, Customer Dispute and Termination Disclosures on FINRA BrokerCheck

Gregory Vincent Matthews (CRD #1389823) was previously registered as a broker and is not currently registered, according to FINRA BrokerCheck. We reviewed his BrokerCheck report on March 5, 2026. It reflects two regulatory disclosures, one customer dispute, and one employment separation. If you invested with Gregory Matthews and have concerns, keep reading.

BrokerCheck link: BrokerCheck

BrokerCheck report: BrokerCheck Report (PDF)

Regulatory Action(s)

Gregory Matthews’s FINRA BrokerCheck Report reflects two regulatory disclosures. A summary of each disclosure is below:

On February 18, 2026, FINRA barred Gregory Matthews in all capacities. FINRA’s findings state that he refused to provide information and documents that FINRA requested in connection with an investigation into his discharge from his member firm. You can read the AWC here: AWC

On July 2, 2004, NASD (FINRA’s predecessor) issued a regulatory action stating that Gregory Matthews failed to timely amend his Form U4 to disclose material information. The matter resolved through an AWC and resulted in a censure and a $7,500 fine, which BrokerCheck lists as paid.

Employment Separation

Gregory Matthews’s FINRA BrokerCheck Report reflects one employment separation after allegations. A summary is below:

On May 29, 2025, MSWM discharged Gregory Matthews after allegations. BrokerCheck states the allegations involved discretion exercised without prior written authorization in four customer accounts, trading frequency, and the accuracy of order tickets marked unsolicited. BrokerCheck also notes that none of the customers lodged complaints with the firm.

Investor Disputes / Customer Complaints

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

On February 24, 2004, a customer alleged Gregory Matthews engaged in unauthorized trading and churning. The customer sought $1,975,000 in damages. The dispute settled for $50,000, and BrokerCheck lists an individual contribution amount of $25,000.

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

FINRA Rule 8210 allows FINRA to request documents, information, and testimony in an investigation. Refusing to provide requested information can lead to serious discipline, including a bar.

Rule Summary #2: FINRA Rule 3260 (Discretionary Accounts)

FINRA Rule 3260 covers discretionary authority in customer accounts. It addresses approvals and review of discretionary activity, which can be a focus when a firm raises concerns about unauthorized discretion or excessive trading.

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, Gregory Matthews:

Is not currently registered as a broker.

Has passed the Securities Industry Essentials (SIE) exam and has passed Series 7 and Series 8. He has also passed Series 66 and Series 63.

Was previously registered with firms that include Morgan Stanley, Oppenheimer & Co. Inc., and Auriga USA, LLC.

Kurta Law Can Help

If you have worked with Gregory Matthews and you have concerns about his 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 Attorney | Commission Abuse

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.