Rachel Broytman (CRD #6123655) Has a Customer Dispute Disclosure on FINRA BrokerCheck

Rachel Broytman (CRD #6123655) is a broker with a customer dispute on FINRA BrokerCheck. We reviewed her BrokerCheck report on March 11, 2026. It reflects one customer dispute. If you invested with Rachel Broytman and have concerns, keep reading.

BrokerCheck link: BrokerCheck

BrokerCheck report: BrokerCheck Report (PDF)

Investor Disputes / Customer Complaints

Rachel Broytman’s FINRA BrokerCheck report reflects one customer dispute disclosure. A summary of the dispute is below:

On January 23, 2026, a customer alleged Rachel Broytman misrepresented an insurance policy and convinced the customer to assume it for tax advantages. Rachel Broytman’s FINRA BrokerCheck report lists the product as insurance and the alleged damages as $38,658.92. The matter is pending. Pruco Securities, LLC stated that it was reporting the complaint under FINRA rules and made no allegations regarding Rachel Broytman’s conduct.

Rule Summary #1: FINRA Rule 2111 (Suitability)

FINRA Rule 2111 (Suitability) requires a broker to have a reasonable basis for a recommendation and to match it to the customer’s investment profile. A dispute about a recommended insurance product can raise questions about suitability, tax considerations, and the customer’s objectives.

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

FINRA Rule 2010 (Standards of Commercial Honor and Principles of Trade) requires associated persons to observe high standards of commercial honor and just and equitable principles of trade. Claims involving misrepresentation often raise questions about whether the broker’s explanations and conduct met that standard.

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 Rachel Broytman’s FINRA BrokerCheck report, Rachel Broytman:

Is currently registered with LPL Enterprise, LLC.

Has passed the Securities Industry Essentials (SIE) exam. Rachel Broytman has also passed Series 87, Series 86, Series 7, and Series 63.

Was previously registered with firms that include Prudential Financial Planning Services, Pruco Securities, LLC, NYLIFE Securities LLC, Northern Trust Securities, Inc., and Aviate Global (US) LLP.

Kurta Law Can Help

If you have worked with Rachel Broytman and you have concerns about her activity, Kurta Law may be able to help you evaluate your legal options. A securities attorney can help you assess potential causes of action. You may be entitled to pursue recovery through FINRA arbitration or other avenues. To speak with Kurta Law, call 877-600-0098 or email info@kurtalawfirm.com.

Helpful resources: Securities Attorney | What Is 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.