Olusegun Ajayi (CRD #7624422) Has an Employment Separation Disclosure on FINRA BrokerCheck

Olusegun Ajayi (CRD #7624422) was previously registered as a broker and has an employment separation disclosure on FINRA BrokerCheck. We reviewed his BrokerCheck report on March 12, 2026. It reflects one employment separation disclosure. If you worked with Olusegun Ajayi and have concerns, keep reading.

BrokerCheck link: BrokerCheck

BrokerCheck report: BrokerCheck Report (PDF)

Employment Separation After Allegations

Olusegun Ajayi’s FINRA BrokerCheck Report reflects one employment separation disclosure. A summary of the disclosure is below:

On January 21, 2026, TD Private Client Wealth LLC discharged Olusegun Ajayi. Olusegun Ajayi’s FINRA BrokerCheck report states the firm said he violated its policies and code of ethics by improperly altering annuity account opening documentation.

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

FINRA Rule 4512 requires firms to maintain customer account information. Account-opening records and related documentation should be accurate and complete. Problems with altered account forms can raise questions about how customer records were handled.

Rule Summary #2: FINRA Rule 2010 (Standards of Commercial Honor and Principles of Trade)

FINRA Rule 2010 requires brokers and firms to observe high standards of commercial honor and just and equitable principles of trade. When a firm says a representative altered account-opening paperwork, that conduct can raise concerns under this rule.

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, Olusegun Ajayi:

Was previously registered with TD Private Client Wealth LLC.

Has passed the Securities Industry Essentials (SIE) exam. Olusegun Ajayi has also passed Series 7, Series 63, and Series 65.

Has reported no professional designations.

Kurta Law Can Help

If you have worked with Olusegun Ajayi and you have concerns about his activity, 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: Variable Annuities | Securities Attorney

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.