Lori Beth Kamen (CRD #2805591) Has Customer Dispute and Financial Disclosures on FINRA BrokerCheck

Lori Beth Kamen (CRD #2805591) is a broker with one customer dispute and two financial disclosures on FINRA BrokerCheck. We reviewed her BrokerCheck report on April 27, 2026. It reflects one pending customer dispute and two final financial disclosures. If you invested with Lori Kamen and have concerns, keep reading.

BrokerCheck link: BrokerCheck

BrokerCheck report: BrokerCheck Report (PDF)

Investor Disputes / Customer Complaints

Lori Kamen’s FINRA BrokerCheck Report reflects one customer dispute disclosure. A summary of the dispute is below:

On February 26, 2026, a customer alleged Aurora Securities and its supervisory personnel failed to supervise and perform due diligence. The claim involved two DST investments that later declined in value. Lori Kamen’s FINRA BrokerCheck Report lists the product as a real estate security. The customer sought $1,533,004.26 in damages. The arbitration remains pending. Kamen’s statement denies the allegations. It says she did not recommend or solicit the investments.

Financial Disclosures

Lori Kamen’s FINRA BrokerCheck Report reflects two financial disclosures. Both disclosures are final compromises from January 17, 2018. Summaries of the disclosures are below:

The first financial disclosure involved Suntrust. Lori Kamen’s FINRA BrokerCheck Report lists the original amount owed as $1,337.78. The disposition was a direct payment procedure. The disposition date was January 31, 2018. The creditor accepted a negotiated settlement of $535.11.

The second financial disclosure involved Discover Card. Lori Kamen’s FINRA BrokerCheck Report lists the original amount owed as $16,514. The disposition was satisfied and released on August 3, 2020. The amount paid was $11,406.

Rule Summary #1: FINRA Rule 3110 (Supervision)

FINRA Rule 3110 requires firms to maintain supervisory systems. Claims involving due diligence and supervision may raise questions about whether those systems were reasonable.

Rule Summary #2: FINRA Rule 2111 (Suitability)

FINRA Rule 2111 requires a reasonable basis for a recommendation. Real estate securities and DST investments can raise suitability questions when risk, liquidity, and time horizon are disputed.

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 her FINRA BrokerCheck report, Lori Kamen:

Is currently registered with Republic Capital Group and Aurora Securities.

Has passed the Securities Industry Essentials (SIE) exam. Lori Kamen has passed Series 7, Series 24, Series 53, and Series 4. She has also passed Series 66, Series 63, and Series 65.

Was previously registered with firms that include Secure Asset Management, Concorde Asset Management, and Concorde Investment Services.

Kurta Law Can Help

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

Helpful resources: FINRA Rule 3110 | 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 your account and explain possible next steps.