Jeffrey Alan Lewis (CRD #1620666) Has Customer Dispute Disclosures on FINRA BrokerCheck

Jeffrey Alan Lewis (CRD #1620666) is a broker with customer dispute disclosures on FINRA BrokerCheck. We reviewed his BrokerCheck report on May 14, 2026. It reflects two customer disputes. If you invested with Jeffrey Lewis and have concerns, keep reading.

BrokerCheck link: BrokerCheck

BrokerCheck report: BrokerCheck Report (PDF)

Investor Disputes / Customer Complaints

Jeffrey Lewis’s FINRA BrokerCheck Report reflects two customer dispute disclosures. A summary of each dispute is below:

On March 27, 2026, a customer alleged Jeffrey Lewis did not follow instructions to invest funds in 4% treasuries. The customer said the funds stayed in a money market account for six months. The customer sought $12,000 in damages for purported missed interest payments. Jeffrey Lewis FINRA BrokerCheck lists the product types as debt-government and money market fund. The dispute remains pending.

On June 16, 2016, a customer alleged Jeffrey Lewis failed to advise him about an option exercise. The account had moved to another broker-dealer. Jeffrey Lewis FINRA BrokerCheck lists the product type as options. The firm denied the complaint on July 13, 2016. The broker statement says the receiving firm took no action on an in-the-money call with a short expiration.

Rule Summary #1: FINRA Rule 2111 (Suitability)

FINRA Rule 2111 applies when a broker makes a recommendation. The broker must have a reasonable basis to believe the recommendation fits the customer’s investment profile.

Rule Summary #2: FINRA Rule 2360 (Options)

FINRA Rule 2360 sets standards for options activity. It addresses options accounts, supervision, approval, and related customer protections.

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, Jeffrey Lewis:

Is currently registered with Truist Advisory Services, Inc. and Truist Investment Services, Inc.

Has passed the Securities Industry Essentials (SIE) exam. Jeffrey Lewis has passed Series 7 and Series 6. He has also passed Series 65 and Series 63.

Was previously registered with firms that include BB&T Securities, LLC, Stephens, and Wells Fargo Advisors, LLC.

Kurta Law Can Help

If you worked with Jeffrey Lewis and have concerns about his activity, Kurta Law may be able to help. The firm can evaluate your legal options. To speak with Kurta Law, call 877-600-0098 or email info@kurtalawfirm.com.

Helpful resources: Unsuitable Investments | 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. An attorney can review the facts and explain possible next steps.