Peter Thomas Lawrence (CRD #2695687) Has Regulatory Action, Employment Separation, and Customer Dispute Disclosures on FINRA BrokerCheck

Peter Thomas Lawrence (CRD #2695687) was previously registered as a broker. His FINRA BrokerCheck report reflects two regulatory events, two employment separations, and 17 customer disputes. We reviewed his BrokerCheck report on April 20, 2026. If you invested with Peter Lawrence and have concerns, keep reading.

BrokerCheck link: BrokerCheck

BrokerCheck report: BrokerCheck Report (PDF)

Regulatory Actions

Peter Lawrence’s FINRA BrokerCheck report reflects two regulatory event disclosures. Summaries of those events are below:

On February 19, 2026, Peter Lawrence’s FINRA BrokerCheck report states that he consented to an AWC with FINRA. The findings say he failed to provide documents and did not appear for on-the-record testimony during an investigation that included allegations of a forged customer signature. BrokerCheck also says the matter stemmed from a statement of claim alleging unsuitable recommendations and inaccurate portfolio summaries. FINRA barred him in all capacities. The AWC is available here: AWC link

A second regulatory event appears on Peter Lawrence’s FINRA BrokerCheck report. On October 3, 2024, FINRA issued a final action after he failed to respond to requests for information. He was suspended in all capacities on October 28, 2024. BrokerCheck states the suspension was lifted on January 14, 2025.

Employment Separation

Peter Lawrence’s FINRA BrokerCheck report reflects two employment separation disclosures. Summaries of those disclosures are below:

On October 27, 2023, American Portfolios Financial Services, Inc. discharged Peter Lawrence. Peter Lawrence’s FINRA BrokerCheck report says he provided a client with unapproved reporting statements, and those statements contained inaccuracies.

A second employment separation appears on Peter Lawrence’s FINRA BrokerCheck report. On December 29, 2004, Pruco Securities, LLC recorded a voluntary resignation. The disclosure says the issue involved a manager signing agents’ names to applications to help them meet production requirements and maintain their association with the company.

Investor Disputes / Customer Complaints

Peter Lawrence’s FINRA BrokerCheck report reflects 17 customer dispute disclosures. Two examples are below, and BrokerCheck lists 15 more.

On November 2, 2024, a customer alleged Peter Lawrence forged suitability documents to support mutual fund purchases. The customer requested $12,500 in damages. Peter Lawrence’s FINRA BrokerCheck report lists the matter as pending.

On November 19, 2024, a customer alleged he forged signatures to purchase a variable annuity in 2021. The customer requested $9,810.56 in damages. BrokerCheck shows the claim was denied.

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

FINRA Rule 8210 lets FINRA require documents and on-the-record testimony during an investigation. When a broker does not provide that information, the rule can support disciplinary action.

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

FINRA Rule 9552 lets FINRA suspend an associated person who does not provide requested information within the notice period. If the suspension is not terminated in time, the rule can lead to a bar.

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, Peter Lawrence:

Is not currently registered.

Has passed the Securities Industry Essentials (SIE) exam. Peter Lawrence has also passed Series 7, Series 65, Series 63, and Series 24.

Was previously registered with firms that include American Portfolios Financial Services, Inc., Questar Capital Corporation, Usallianz Securities, Inc., Pruco Securities, LLC, American Express Financial Advisors Inc., and IDS Life Insurance Company.

Kurta Law Can Help

If you have worked with Peter Lawrence 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. To speak with Kurta Law, call 877-600-0098 or email info@kurtalawfirm.com.

Helpful resources: Securities Attorney | Security 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.