Gregory David Paris (CRD #2068204) Has Regulatory and Employment Separation Disclosures on FINRA BrokerCheck

Gregory David Paris (CRD #2068204) was previously registered as a broker and investment adviser representative. We reviewed his BrokerCheck report on April 16, 2026. It reflects one final regulatory event and one employment separation disclosure. If you worked with Gregory David Paris and have concerns, keep reading.

BrokerCheck link: BrokerCheck

BrokerCheck report: BrokerCheck Report (PDF)

Regulatory Action(s)

Gregory Paris’s FINRA BrokerCheck Report reflects one final regulatory action. A summary of the disclosure is below:

On February 10, 2026, the Securities and Exchange Commission initiated a final regulatory action against Gregory Paris. Gregory Paris’s FINRA BrokerCheck report states that the SEC found he disproportionately allocated profitable trades to himself and unprofitable trades to advisory clients from December 2015 through October 2019. The report says Barrington’s client disclosures also misrepresented that employee trading, including his personal trading, was reviewed. FINRA BrokerCheck lists sanctions that included a cease-and-desist order, a six-month suspension effective from February 23, 2026 through August 22, 2026, a $40,000 civil penalty, $78,490 in disgorgement, and $31,048.24 in prejudgment interest.

Employment Separation

Gregory Paris’s FINRA BrokerCheck Report also reflects one employment separation disclosure. A summary of the disclosure is below:

On February 23, 2026, Barrington Asset Management, Inc. reported Gregory Paris’s voluntary resignation. Gregory Paris’s FINRA BrokerCheck report says the SEC complaint stated that, between December 2015 and October 2019, he and Barrington allocated trades in a way that favored his account and disadvantaged client accounts. The report also says Barrington’s Form ADV filings stated that his trading was being reviewed and clients would not be disadvantaged. BrokerCheck lists the product type as other: unspecified securities.

Rule Summary #1: FINRA Rule 2020 (Use of Manipulative, Deceptive or Other Fraudulent Devices)

FINRA Rule 2020 bars manipulative, deceptive, or fraudulent conduct in securities transactions. A disclosure about unfair trade allocations and misleading client statements can raise concerns about whether conduct was deceptive and whether clients were treated fairly.

Rule Summary #2: FINRA Rule 3110 (Supervision)

FINRA Rule 3110 requires firms to maintain a supervisory system that is reasonably designed to achieve compliance with securities laws and FINRA rules. When a disclosure involves personal trading and inaccurate review statements, supervision and written controls can become a central issue.

Why This Matters to Investors (Regulation Best Interest (Reg BI))

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 Paris:

Is not currently registered as a broker. BrokerCheck identifies him as a previously registered broker and a previously registered investment adviser representative.

Was previously registered with Barrington Research Associates, Inc.

Has passed three principal/supervisory exams, six general industry/product exams, and two state securities law exams. Those include the SIE, Series 7, Series 55, Series 79TO, Series 57TO, Series 99TO, Series 14, Series 24, Series 27, Series 65, and Series 63.

Kurta Law Can Help

If you have worked with Gregory Paris and you have concerns about the activity reflected on BrokerCheck, 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: Breach of Fiduciary Duty | Securities Attorney

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.