Rhonda Byars (CRD #7712150) Has an Employment Separation Disclosure on FINRA BrokerCheck

Rhonda Byars (CRD #7712150) was previously registered as a broker. Her FINRA BrokerCheck report shows one employment separation disclosure. We reviewed her BrokerCheck report on May 25, 2026. If you worked with Rhonda Byars and have concerns, keep reading.

BrokerCheck link: BrokerCheck

BrokerCheck report: BrokerCheck Report (PDF)

Employment Separation After Allegations

Rhonda Byars FINRA BrokerCheck Report reflects one employment separation disclosure. A summary of the disclosure is below:

On March 17, 2026, JPMorgan Chase Bank, N.A. discharged Rhonda Byars. Rhonda Byars FINRA BrokerCheck states that she was acting as an affiliate bank employee. The firm reported that Byars processed affiliate bank fee refunds to a customer and a co-worker. It said the refunds conflicted with bank policy. The firm also stated that she entered inaccurate information into an internal system about the reason for the refund. The disclosure says the matter was not related to any known customer complaints or to the sale of securities.

Rule Summary #1: FINRA Rule 2010 (Standards of Commercial Honor and Principles of Trade)

FINRA Rule 2010 requires high standards of commercial honor. It also requires just and equitable principles of trade. Employment disclosures may raise questions about conduct and firm review.

Rule Summary #2: FINRA Rule 3110 (Supervision)

FINRA Rule 3110 requires firms to maintain a reasonable supervisory system. Written procedures must support compliance with securities laws and FINRA rules. Termination disclosures can raise questions about how a firm reviews employee 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 her FINRA BrokerCheck report, Rhonda Byars:

Was previously registered with J.P. Morgan Securities LLC from May 2023 to April 2026.

Has passed the Securities Industry Essentials (SIE) exam. Byars has also passed Series 6TO and Series 63.

Reported employment with J.P. Morgan Securities LLC and JPMorgan Chase Bank, N.A. The report notes that the employment history may not reflect current employment status after registration ends.

Kurta Law Can Help

If you have worked with Rhonda Byars and have concerns, 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 | FINRA Arbitration

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.