Moran Tzaban Cohen (CRD #5611624) Has an Employment Separation Disclosure on FINRA BrokerCheck

Moran Tzaban Cohen (CRD #5611624) was previously registered as a broker. His FINRA BrokerCheck report shows one employment separation disclosure. We reviewed his BrokerCheck report on March 18, 2026. If you invested with Moran Cohen and have concerns, keep reading.

BrokerCheck link: BrokerCheck

BrokerCheck report: BrokerCheck Report (PDF)

Employment Separation After Allegations

Moran Tzaban Cohen’s FINRA BrokerCheck report reflects one employment separation disclosure. A summary of that disclosure is below:

On January 13, 2026, Truist Investment Services, Inc. discharged Moran Cohen. Moran Tzaban Cohen FINRA BrokerCheck states the reason was failure to comply with KYC and escalation protocols or procedures. BrokerCheck lists the product type as other, with KYC concerns noted.

Rule Summary #1: FINRA Rule 4512 (Customer Account Information)

FINRA Rule 4512 requires firms to maintain core customer account information. It also requires reasonable efforts to obtain trusted contact information for non-institutional accounts.

Rule Summary #2: FINRA Rule 3110 (Supervision)

FINRA Rule 3110 requires firms to establish and enforce written supervisory procedures. Issues involving escalation protocols can raise questions about whether those procedures were followed and documented.

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, Moran Cohen:

Is not currently registered as a broker.

Has passed the Securities Industry Essentials (SIE) exam. Moran Cohen has also passed Series 7, Series 6, and Series 66.

Was previously registered with firms that include Truist Investment Services, Inc. and Safra Securities LLC.

Kurta Law Can Help

If you worked with Moran Cohen and have concerns about your account, 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 | What Is Securities 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.