Peter Thomas Lawrence (CRD #2695687) Has Multiple Disclosures on FINRA BrokerCheck

Peter Thomas Lawrence (CRD #2695687) was previously registered as a broker. His FINRA BrokerCheck report includes customer disputes, an investigation, and employment separation disclosures. We reviewed his BrokerCheck report on February 2, 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 one regulatory event. A summary is below:

FINRA issued a Notice of Suspension letter dated October 3, 2024. BrokerCheck states Lawrence failed to respond to FINRA requests for information. The report lists a suspension that began on October 28, 2024 and was lifted on January 14, 2025. It also states he could have been barred on January 6, 2025 if he did not request termination of the suspension.

Investigation

Peter Lawrence’s FINRA BrokerCheck report also reflects one pending investigation. A summary is below:

On January 20, 2026, FINRA opened an investigation (Case #20230799055). BrokerCheck states FINRA made a preliminary determination to recommend disciplinary action for violating FINRA Rules 8210 and 2010. The report says Lawrence did not respond to requests for documents and information dated June 5, June 24, and July 11, 2025. It also says he did not appear for on-the-record testimony on September 8 and September 30, 2025.

Employment Separations

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

American Portfolios Financial Services, Inc. discharged Lawrence on October 27, 2023. BrokerCheck states the firm reported he provided unapproved reporting statements to a client and the statements contained inaccuracies.

Pruco Securities, LLC reported a voluntary resignation effective December 29, 2004. The disclosure states a manager signed agents’ names on an application to help them meet production requirements to maintain association with the company.

Investor Disputes / Customer Complaints

Peter Lawrence’s FINRA BrokerCheck report reflects 17 customer dispute disclosures. Two examples are below:

On November 19, 2024, a customer alleged Lawrence forged signatures to purchase a variable annuity in 2021. The customer sought $9,810.56 in alleged damages. FINRA BrokerCheck lists the product as a variable annuity. The disclosure reflects the complaint was denied, with a status date of February 24, 2025.

On November 2, 2024, a customer alleged Lawrence forged suitability documents to justify mutual fund purchases. The customer sought $12,500.00 in alleged damages. FINRA BrokerCheck lists the product as a mutual fund. The dispute is pending.

BrokerCheck lists 15 additional customer dispute disclosures on Peter Lawrence’s report.

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

FINRA Rule 8210 gives FINRA authority to request documents, information, and testimony in investigations. A failure to comply can lead to discipline. Investigations like the one listed on BrokerCheck often involve Rule 8210 requests.

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

FINRA Rule 2010 requires firms and associated persons to observe high standards of commercial honor and just and equitable principles of trade. FINRA often cites this rule alongside more specific violations. It can apply to a wide range of conduct.

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 passed Series 7 and Series 24. He has also passed Series 65 and Series 63.

Was previously registered with firms that include American Portfolios Financial Services, Inc., Questar Capital Corporation, and Usallianz Securities, Inc.

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. You can read more about potential claims and investor protections here: Securities Fraud and Unsuitable Investments. To speak with Kurta Law, call 877-600-0098 or email info@kurtalawfirm.com.

Helpful resources: Securities Fraud | Unsuitable Investments

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.