Matthew Louis Bisping (CRD #6182829) Has a Customer Dispute Disclosure on FINRA BrokerCheck

Matthew Louis Bisping (CRD #6182829) is a broker with a customer dispute disclosure on FINRA BrokerCheck. We reviewed his BrokerCheck report on April 16, 2026. It reflects one customer dispute. If you invested with Matthew Bisping and have concerns, keep reading.

BrokerCheck link: BrokerCheck

BrokerCheck report: BrokerCheck Report (PDF)

Investor Disputes / Customer Complaints

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

According to Matthew Bisping’s FINRA BrokerCheck report, a customer alleged that changes to an asset transfer program tied to a fixed annuity and a variable annuity reduced the benefit base value on both policies. The customer requested $101,091.48 in damages. Matthew Bisping’s FINRA BrokerCheck report states that the matter evolved into civil litigation in the Twelfth Judicial Circuit Court in Will County, Illinois. The docket number is 2026LA000012, and the litigation is pending.

Rule Summary #1: FINRA Rule 2330 (Deferred Variable Annuities)

FINRA Rule 2330 applies to recommended purchases and exchanges of deferred variable annuities. It focuses on disclosure, supervision, and recommendation standards. Disputes involving annuity features or strategy changes can raise questions about how those duties were handled.

Rule Summary #2: FINRA Rule 2111 (Suitability)

FINRA Rule 2111 requires a reasonable basis for a recommendation. A broker should consider the customer’s investment profile, including risk tolerance, liquidity needs, and time horizon. Complaints involving annuities often focus on whether the recommendation fit those factors.

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 His FINRA BrokerCheck report, Matthew Bisping:

Is currently registered with Farmers Financial Solutions, LLC.

Has passed the Securities Industry Essentials (SIE) exam. Matthew Bisping has also passed Series 6 and Series 63.

No prior securities firm registrations are listed on his BrokerCheck report.

Kurta Law Can Help

If you have worked with Matthew Bisping and you have concerns about his activity, Kurta Law may be able to help you evaluate your legal options. A securities attorney can help you assess potential causes of action and determine whether your losses may be recoverable through FINRA arbitration or other avenues. To speak with Kurta Law, call 877-600-0098 or email info@kurtalawfirm.com.

Helpful resources: Securities Attorney | Security Fraud

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.