Nicholas L. Langer (CRD #5054905) Has a Customer Dispute and Termination Disclosure on FINRA BrokerCheck

Nicholas L. Langer (CRD #5054905) is a broker with a customer dispute and termination disclosure on FINRA BrokerCheck. We reviewed his BrokerCheck report on January 29, 2026. It reflects one customer dispute and one employment separation disclosure.

BrokerCheck link: BrokerCheck

BrokerCheck report: BrokerCheck Report (PDF)

Employment Separation

Nicholas Langer’s FINRA BrokerCheck report reflects one employment separation disclosure. A summary is below:

On July 17, 2025, Nicholas Langer was discharged from JPMorgan Chase Bank, N.A. Nicholas Langer’s FINRA BrokerCheck report states he was terminated for affixing a third-party legal representative’s electronic signature to a document without authorization. The report states the matter was not related to any known customer complaints. It also states it was not related to the sale of securities. The product type is listed as banking products (other than CDs).

Investor Disputes / Customer Complaints

Nicholas Langer’s FINRA BrokerCheck report reflects one customer dispute disclosure. A summary of the dispute is below:

On October 31, 2025, a customer complaint was received. According to Nicholas Langer’s FINRA BrokerCheck report, the customer alleged he affixed the electronic signature of a contact person to a document without authorization. The report lists the date of the alleged conduct as May 6, 2025. BrokerCheck lists the product type as no product. Alleged damages are $559,055. The matter is pending.

Rule Summary #1: FINRA Rule 2010 (Standards of Commercial Honor and Principles of Trade)

FINRA Rule 2010 is a broad ethics rule that requires high standards of commercial honor. Issues involving unauthorized signatures can raise questions about whether conduct met that standard.

Rule Summary #2: FINRA Rule 4511 (General Requirements)

FINRA Rule 4511 requires firms to make and preserve required books and records. Disputes involving account documentation can raise recordkeeping and review concerns.

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, Nicholas Langer:

Is currently registered with LPL Enterprise, LLC.

Has passed the Securities Industry Essentials (SIE) exam. Nicholas Langer has passed Series 7 and Series 6. He has also passed Series 65 and Series 63.

Was previously registered with firms that include J.P. Morgan Securities LLC and Chase Investment Services Corp.

Kurta Law Can Help

If you have worked with Nicholas Langer 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. You may be entitled to pursue recovery through FINRA arbitration or other avenues. Contact Kurta Law at 877-600-0098 or info@kurtalawfirm.com for a free consultation.

Helpful resources: Stockbroker Forgery | Securities Attorney

For nearly 20 years, Kurta Law has advocated for investors and helped hold financial professionals accountable. Our firm represents clients nationwide in FINRA arbitration and related matters.