Nicolas Guido Schreiber (CRD #4426299) Has an Employment Separation Disclosure on FINRA BrokerCheck

Nicolas Guido Schreiber (CRD #4426299) was previously registered as a broker. We reviewed his BrokerCheck report on March 9, 2026. It reflects one employment separation disclosure. If you worked with Nicolas Schreiber and have concerns, keep reading.

BrokerCheck link: BrokerCheck

BrokerCheck report: BrokerCheck Report (PDF)

Employment Separation

Nicolas Schreiber’s FINRA BrokerCheck report reflects one employment separation disclosure. A summary of the disclosure is below:

On January 28, 2026, Insigneo Securities LLC discharged Nicolas Schreiber. The firm stated he did not follow its policies and procedures for account-opening forms and ACAT transfer forms tied to accounts moving from his former firm. In his BrokerCheck comment, Nicolas Schreiber said he joined Insigneo in October 2025 and worked to move more than 100 client accounts. He also said most clients were outside the United States and much of the paperwork moved through email and other digital means. According to his comment, the firm asked for remediation before ending his employment.

Rule Summary #1: FINRA Rule 11870 (Customer Account Transfer Contracts)

FINRA Rule 11870 governs customer account transfers, including transfers processed through ACATS. When a disclosure involves ACAT paperwork, this rule helps frame whether transfer instructions and related steps were handled in a timely and proper way.

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

FINRA Rule 4511 requires firms to make and preserve required books and records. Account-opening forms and transfer documents matter because firms rely on accurate records to document customer instructions and show compliance.

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, Nicolas Schreiber:

Is not currently registered as a broker.

Has passed the Securities Industry Essentials (SIE) exam. Nicolas Schreiber has also passed Series 7, Series 65, and Series 66.

Was previously registered with firms that include Insigneo Securities LLC, Bolton Global Capital, and Morgan Stanley.

Kurta Law Can Help

If you have worked with Nicolas Schreiber and you have concerns about his activity, Kurta Law may be able to help you evaluate your legal options. A securities attorney can 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: Securities Attorney | 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.