Lori Ann Iaquinta (CRD #2393250) Has Customer Dispute Disclosures on FINRA BrokerCheck

Lori Ann Iaquinta (CRD #2393250) is a broker with customer dispute disclosures on FINRA BrokerCheck. We reviewed her BrokerCheck report on February 17, 2026. It reflects four customer disputes. If you invested with Lori Ann Iaquinta and have concerns, keep reading.

BrokerCheck link: BrokerCheck

BrokerCheck report: BrokerCheck Report (PDF)

Investor Disputes / Customer Complaints

Lori Iaquinta’s FINRA BrokerCheck Report reflects four customer dispute disclosures. Summaries of two disputes are below:

On December 5, 2025, a customer alleged Lori Iaquinta misrepresented the rate they would be charged on a managed/wrap account from 2020 to 2025. FINRA BrokerCheck lists the product as other: managed/wrap accounts. The customer seeks $4,000,000 in damages, and the matter is pending.

On April 13, 2009, a customer alleged Lori Iaquinta recommended unsuitable mutual fund investments and failed to disclose material risks tied to a November 2007 recommendation. The customer sought $189,000 in damages. Lori Iaquinta’s FINRA BrokerCheck Report lists the complaint as denied on October 5, 2009.

Lori Iaquinta’s FINRA BrokerCheck Report also lists two additional customer disputes. One was received on May 5, 2003 and was denied on June 30, 2003. Another matter was received on May 11, 2001 and settled on February 27, 2004.

Rule Summary #1: FINRA Rule 2111 (Suitability)

FINRA Rule 2111 requires a reasonable basis for each recommendation. It also requires a recommendation to fit the customer’s profile. Disputes about suitability often focus on whether the product or strategy matched that profile.

Rule Summary #2: FINRA Rule 2010 (Standards of Commercial Honor and Principles of Trade)

FINRA Rule 2010 requires firms and associated persons to observe high standards of commercial honor and just and equitable principles of trade. Customer complaints that involve misrepresentation can raise questions under this rule.

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:

1. 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.
2. Care Obligation – Broker-dealers must use reasonable diligence, care, and skill. They must consider costs, risks, and alternatives when making a recommendation.
3. 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.
4. 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 Her FINRA BrokerCheck report, Lori Iaquinta:

Is currently registered with Morgan Stanley.

Has passed the Securities Industry Essentials (SIE) exam. Lori Iaquinta has passed Series 7. She has also passed Series 65 and Series 63.

Was previously registered with firms that include Banc of America Investment Services, Inc., WM Financial Services, Inc., and Wells Fargo Securities Inc.

Kurta Law Can Help

If you have worked with Lori Iaquinta and you have concerns about her 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: 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. If you believe a broker or firm mishandled your account, an attorney can review the facts and explain possible next steps.