Tony Roberts (CRD #2691066) Has Customer Dispute Disclosures on FINRA BrokerCheck

Tony Roberts (CRD #2691066) is a broker with customer dispute disclosures on FINRA BrokerCheck. We reviewed his BrokerCheck report on April 29, 2026. It reflects three customer disputes. If you invested with Tony Roberts and have concerns, keep reading.

BrokerCheck link: BrokerCheck

BrokerCheck report: BrokerCheck Report (PDF)

Investor Disputes / Customer Complaints

Tony Roberts’s FINRA BrokerCheck Report reflects three customer dispute disclosures. Summaries of two disputes are below. One additional customer dispute is also listed in the report.

On March 6, 2026, a customer alleged Tony Roberts mismanaged money for years starting around May 1, 1982. The customer also alleged misappropriation and account activity without her knowledge. The customer sought $600,000 in damages. Tony Roberts FINRA BrokerCheck lists the products as a variable annuity, equities, mutual funds, and a managed or wrap account. MML Investors Services, LLC denied the complaint on March 11, 2026. Roberts’s statement says the complaint was first received in 2024. It says the firm placed a hold on distributions to review possible financial exploitation under FINRA Rule 2165.

On August 15, 2023, a customer alleged Roberts said a REIT bought around 2013 was guaranteed after 10 years. The customer wanted to be made whole. Tony Roberts FINRA BrokerCheck lists the product as a real estate security. MSI Financial Services, Inc. denied the complaint on September 5, 2023. The report says the firm could not determine that possible damages from the alleged activity would be under $5,000.

Rule Summary #1: FINRA Rule 2165 (Financial Exploitation of Specified Adults)

FINRA Rule 2165 allows firms to place a temporary hold on funds or securities transactions. The firm must reasonably believe financial exploitation of a specified adult has occurred or may occur. The rule can matter when a dispute involves account holds, distribution requests, or concerns about vulnerable investors.

Rule Summary #2: FINRA Rule 2111 (Suitability)

FINRA Rule 2111 requires a reasonable basis for recommendations. It focuses on the customer’s investment profile, including needs, time horizon, liquidity, and risk tolerance.

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, Tony Roberts:

Is currently registered with MML Investors Services, LLC.

Has passed the Securities Industry Essentials (SIE) exam. Tony Roberts has passed Series 7 and Series 63.

Was previously registered with firms that include MSI Financial Services, Inc., Investors Capital Corp., and Ladenburg Capital Management Inc.

Kurta Law Can Help

If you have worked with Tony Roberts and have concerns, Kurta Law may be able to review your options. To speak with Kurta Law, call 877-600-0098 or email info@kurtalawfirm.com.

Helpful resources: Securities Fraud | Securities Attorney

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 your account and explain possible next steps.