Robert Leroy Metz (CRD #7282890) Has Regulatory Action and Employment Separation Disclosures on FINRA BrokerCheck

Robert Leroy Metz (CRD #7282890) was previously registered as a broker. We reviewed his BrokerCheck report on May 25, 2026. It reflects one regulatory action and one employment separation after allegations. FINRA also states that he is barred from association with any FINRA member in all capacities. If you worked with Robert Leroy Metz and have concerns, keep reading.

BrokerCheck link: BrokerCheck

BrokerCheck report: BrokerCheck Report (PDF)

Regulatory Action(s)

Robert Metz’s FINRA BrokerCheck Report reflects one regulatory action disclosure. A summary of the disclosure is below:

On February 12, 2026, FINRA initiated a regulatory action against Robert Metz. Robert Metz’s FINRA BrokerCheck Report states that he failed to respond to FINRA requests for information. FINRA resolved the matter by letter on May 15, 2026. It ordered a permanent bar in all capacities. FINRA also stated that Robert Metz did not request termination of his suspension within three months of the notice. As a result, he was automatically barred from association with any FINRA member in all capacities.

Employment Separation

Robert Metz’s FINRA BrokerCheck Report also reflects one employment separation after allegations. A summary is below:

Fidelity Brokerage Services LLC discharged Robert Metz on May 20, 2025. Robert Metz’s FINRA BrokerCheck Report states that the firm reported two concerns. One involved planning tools and future appointments set without client discussion. The firm said that activity affected his performance metrics. The firm also reported outside business activity that had not been disclosed to the firm. Robert Metz’s FINRA BrokerCheck Report lists no product.

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

FINRA Rule 8210 lets FINRA require information, testimony, and records during an investigation. The rule also says a person may not fail to provide requested information.

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

FINRA Rule 9552 explains what may happen when a person does not provide required information. It allows a suspension and can lead to an automatic bar after three months.

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, Robert Metz:

Is not currently registered.

Has passed the Securities Industry Essentials (SIE) exam. Robert Metz has passed Series 7TO, Series 66, and Series 63.

Was previously registered with Fidelity Brokerage Services LLC.

Kurta Law Can Help

If you have worked with Robert Metz, you may have concerns about his activity. Kurta Law may be able to help. A securities attorney can review whether losses may be recoverable through FINRA arbitration or other avenues. 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. An attorney can review the facts if you believe a broker or firm mishandled your account. The attorney can also explain possible next steps.