Jabez Bowen Dewey (CRD #5165287) Has a Customer Dispute Disclosure on FINRA BrokerCheck

Jabez Bowen Dewey (CRD #5165287) is a broker with a customer dispute on FINRA BrokerCheck. We reviewed his BrokerCheck report on February 17, 2026. It reflects one customer dispute. If you invested with Jabez Bowen Dewey and have concerns, keep reading.

BrokerCheck link: BrokerCheck

BrokerCheck report: BrokerCheck Report (PDF)

Investor Disputes / Customer Complaints

Jabez Bowen Dewey’s FINRA BrokerCheck report reflects one customer dispute disclosure. A summary of the dispute is below:

On December 4, 2025, an institutional investor filed a civil suit in Indiana state court naming Jabez Dewey, a former investment fund he worked for, and others as defendants. The investor alleged the defendants knew about fraud at a company in which the fund invested and failed to disclose it. Jabez Dewey’s statement says he played no role in the investment because he left the firm more than nine months before the fund’s investment was made. FINRA BrokerCheck lists the product type as debt-asset backed. The litigation is pending and the alleged damages amount is listed as $0.00, with the amount described as unspecified or redacted from public view.

Rule Summary #1: FINRA Rule 2010 (Standards of Commercial Honor and Principles of Trade)

FINRA Rule 2010 (Rule 2010) sets a baseline expectation that firms and associated persons observe high standards of commercial honor. Disputes that involve claimed nondisclosure or misleading statements can raise questions about whether those standards were met.

Rule Summary #2: FINRA Rule 2020 (Use of Manipulative, Deceptive or Other Fraudulent Devices)

FINRA Rule 2020 (Rule 2020) prohibits inducing a securities transaction by means of a manipulative or deceptive device. When a claim centers on an asserted failure to disclose fraud, this rule is often cited as a guardrail against deceptive conduct.

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, Jabez Dewey:

Is currently registered with Stonecrest Capital Markets, Inc.

Has passed the Series 7 exam. He has also passed the Series 63 exam.

Was previously registered with firms that include StormHarbour Securities LP, ICP Securities LLC, and Bear, Stearns & Co. Inc.

Kurta Law Can Help

If you have worked with Jabez Dewey 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 Fraud | 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.