Jivan Shirvanian (CRD #7766130) Has Employment Separation and Judgment/Lien Disclosures on FINRA BrokerCheck

Jivan Shirvanian (CRD #7766130) was previously registered as a broker with disclosures on FINRA BrokerCheck. We reviewed his BrokerCheck report on May 19, 2026. It reflects one employment separation and one judgment/lien disclosure. If you invested with Jivan Shirvanian and have concerns, keep reading.

BrokerCheck link: BrokerCheck

BrokerCheck report: BrokerCheck Report (PDF)

Employment Separation

Jivan Shirvanian FINRA BrokerCheck Report reflects one employment separation disclosure. A summary of the disclosure is below:

On March 30, 2026, Fidelity Brokerage Services LLC discharged Shirvanian. The firm reported that he created inaccurate internal records about attempts to contact clients by phone. The disclosure states there were no client complaints. Jivan Shirvanian FINRA BrokerCheck lists the product type as no product.

Judgment / Lien

Jivan Shirvanian FINRA BrokerCheck Report reflects one judgment/lien disclosure. A summary of the disclosure is below:

The disclosure lists a civil amount of $9,009.75. California State Employment was the holder. It was filed on December 29, 2023. Sacramento County Superior Court handled the matter. Its location was Sacramento County, California. Docket number 20230916267 appears in the report. The report states the judgment/lien remains outstanding.

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

FINRA Rule 2010 sets a broad standard for fair conduct in the securities industry. Internal records and client-contact records can raise Rule 2010 concerns when accuracy or fair dealing is questioned.

Rule Summary #2: FINRA Rule 1122 (Filing of Misleading Information as to Membership or Registration)

FINRA Rule 1122 bars a member or associated person from filing incomplete or inaccurate registration information with FINRA. Disclosure matters can raise reporting questions when public record information is missing or incorrect.

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.

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, Jivan Shirvanian:

Is not currently registered as a broker.

Has passed the Securities Industry Essentials (SIE) exam. Jivan Shirvanian has passed Series 7, Series 66, and Series 63.

Was previously registered with Fidelity Brokerage Services LLC.

Kurta Law Can Help

If you have worked with Jivan Shirvanian, 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 | Securities Fraud 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. They can explain possible next steps.