Peter C Han (CRD #4704497) Has a Customer Dispute Disclosure on FINRA BrokerCheck

Peter C Han (CRD #4704497) is a broker with a customer dispute on FINRA BrokerCheck. We reviewed his BrokerCheck report on March 24, 2026. It reflects one customer dispute. If you invested with Peter C Han and have concerns, keep reading.

BrokerCheck link: BrokerCheck

BrokerCheck report: BrokerCheck Report (PDF)

Investor Disputes / Customer Complaints

Peter Han’s FINRA BrokerCheck Report reflects one customer dispute disclosure. A summary of the dispute is below:

On January 8, 2026, a customer alleged Peter Han recommended unsuitable REIT investments. The customer sought $100,000.01 in damages. Peter Han’s FINRA BrokerCheck Report lists the product as a real estate security. It also shows the matter is pending in Los Angeles, California under case number 25-02727. Han denied the allegation. He stated the client was informed about the product’s illiquid nature and long-term time horizon.

Rule Summary #1: FINRA Rule 2111 (Suitability)

FINRA Rule 2111 requires a broker to have a reasonable basis to believe a recommendation fits the customer’s investment profile. A dispute over unsuitable REIT recommendations can raise questions about liquidity needs, risk tolerance, and time horizon.

Rule Summary #2: FINRA Rule 2090 (Know Your Customer)

FINRA Rule 2090 requires firms and brokers to use reasonable diligence to know the essential facts about each customer. That matters when a disputed recommendation involves an illiquid product and the customer’s stated goals.

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.

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, Peter Han:

Is currently registered with Cetera Advisors LLC.

Has passed the Securities Industry Essentials (SIE) exam. Peter Han has passed Series 7 and Series 99TO. He has also passed Series 24 and Series 66.

Was previously registered with firms that include First Allied Securities, Inc., First Allied Advisory Services, Inc., and Centaurus Financial, Inc.

Kurta Law Can Help

If you have worked with Peter Han 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: 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.