Nafissa Diallo (CRD #7169648) Has a Regulatory Action Disclosure on FINRA BrokerCheck

Nafissa Diallo (CRD #7169648) has been the subject of disclosure events, which have recently been reported on her FINRA BrokerCheck Report. According to Nafissa Diallo’s FINRA BrokerCheck report accessed on January 19, 2026, Nafissa Diallo has been the subject of one regulatory event. If you invested with Nafissa Diallo and you have concerns about her activity, keep reading.

BrokerCheck link: BrokerCheck

BrokerCheck report: BrokerCheck Report (PDF)

Regulatory Action(s)

Nafissa Diallo’s FINRA BrokerCheck Report reflects one regulatory event disclosure. A summary of the event is below:

On November 19, 2025, FINRA initiated a regulatory action against Nafissa Diallo for failing to respond to FINRA requests for information. The disclosure reflects the matter was resolved by letter on December 15, 2025 and resulted in an indefinite suspension from associating with any FINRA member firm in all capacities, effective December 15, 2025. The regulator statement notes the suspension continues until the required information is provided to FINRA, and that the suspension may convert to a bar on February 23, 2026 if termination is not requested within three months of the Notice of Suspension letter dated November 19, 2025. The disclosure lists the case number as 2024080970901 and notes no product was involved.

Rule summary #1: FINRA Rule 8210 (Provision of Information and Testimony)

FINRA Rule 8210 authorizes FINRA to request documents, information, and testimony from member firms and associated persons in connection with investigations, complaints, examinations, or proceedings. Failing to respond to a Rule 8210 request can lead to disciplinary action.

Rule summary #2: FINRA Rule 9552 (Failure to Provide Information or Keep Information Current)

FINRA Rule 9552 sets the procedures FINRA uses when a broker or firm fails to provide required information or keep information current. The rule permits FINRA to issue a notice of suspension, and—if the deficiency is not cured or the suspension is not terminated within the applicable period—the suspension can convert to a bar.

Why this Matters to Investors (Regulation Best Interest)

Regulation Best Interest (Reg BI) is a U.S. securities regulation designed to strengthen the standard of conduct that broker-dealers owe to retail investors when making recommendations about securities transactions or investment strategies. Adopted by the U.S. Securities and Exchange Commission and effective as of June 30, 2020, Reg BI aims to enhance investor protection while preserving investor access to brokerage products and services.

Reg BI requires broker-dealers and financial advisors to act in the best interest of the retail customer at the time a recommendation is made, and not to place their own financial or other interests ahead of the customer’s. This represents a higher standard than the historical “suitability” requirement, which only required that recommendations be suitable, not necessarily optimal or conflict-free.

Reg BI is built around four key obligations:

1. Disclosure Obligation – Broker-dealers must disclose material facts about the relationship and recommendations, including fees, scope of services, and conflicts of interest.
2. Care Obligation – Recommendations must be made with reasonable diligence, care, and skill, considering costs, risks, and alternatives.
3. Conflict of Interest Obligation – Firms must identify, disclose, and mitigate or eliminate conflicts, particularly those that create incentives to favor one product over another.
4. Compliance Obligation – Firms must establish policies and procedures designed to ensure compliance with Reg BI as a whole.

Importantly, Reg BI applies at the recommendation level, not as a continuous duty like the fiduciary standard applicable to registered investment advisers. Still, it significantly narrows the gap by emphasizing cost considerations, conflict management, and investor-focused decision-making.

Overall, Regulation Best Interest seeks to promote transparency, improve the quality of investment recommendations, and reinforce trust between retail investors and broker-dealers in the U.S. securities markets.

Background Information (from BrokerCheck)

Based on her BrokerCheck Report, Nafissa Diallo:

• Is not currently registered.
• Was previously registered with Wells Fargo Clearing Services, LLC from November 2019 to January 2026.
• Has passed the Securities Industry Essentials (SIE), Series 7TO, and Series 66 exams.

Kurta Law Can Help

If you have worked with Nafissa Diallo and you have concerns about her activity, Kurta Law may be able to help you evaluate potential recovery options. You may be entitled to pursue a claim through FINRA arbitration, depending on the facts of your situation and the investments involved. Contact Kurta Law at 877-600-0098 or info@kurtalawfirm.com for a free consultation.

Helpful resources: FINRA Rule 9552 | FINRA Rule 8210

For nearly 20 years, Kurta Law has advocated for investors and helped hold financial professionals accountable—because investors should not have to sit quietly while alleged misconduct and securities fraud go unchecked. Start your recovery process today.