Scot Arthur Regner (CRD #717065) Has 2 Customer Dispute Disclosures on FINRA BrokerCheck

Scot Arthur Regner (CRD #717065) is a broker with two customer dispute disclosures on FINRA BrokerCheck. We reviewed his BrokerCheck report on April 15, 2026. It reflects two settled customer disputes. If you invested with Scot Regner and have concerns, keep reading.

BrokerCheck link: BrokerCheck

BrokerCheck report: BrokerCheck Report (PDF)

Investor Disputes / Customer Complaints

Scot Regner’s FINRA BrokerCheck Report reflects two customer dispute disclosures. Summaries of the disputes are below:

On February 5, 2026, a customer alleged unauthorized withdrawals from two accounts without her knowledge or notification. Scot Regner’s FINRA BrokerCheck lists the products as a variable annuity and cash. The customer sought $181,161.16 in damages. The matter settled on April 2, 2026 for $181,161.16.

On November 3, 2014, a customer alleged he was misled into replacing a 1992 variable life insurance policy with a new 2013 policy. Scot Regner’s FINRA BrokerCheck states the claim sought reinstatement of the older policy rather than a specific dollar amount. The matter settled on January 22, 2015 for $8,394.65. Regner’s statement says the firm agreed to cancel the 2013 policy and reinstate the 1992 policy.

Rule Summary #1: FINRA Rule 2330 (Deferred Variable Annuities)

FINRA Rule 2330 applies to recommended purchases and exchanges of deferred variable annuities. It requires reasonable efforts to inform customers about features such as surrender charges, fees, expenses, and market risk.

Rule Summary #2: FINRA Rule 2111 (Suitability)

FINRA Rule 2111 requires a reasonable basis to believe a recommendation is suitable for the customer. Complaints about policy replacements or variable products can raise questions about whether the recommendation matched the customer’s needs and objectives.

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, Scot Regner:

Is currently registered with Osaic Wealth, Inc.

Has passed the Securities Industry Essentials (SIE) exam. Scot Regner has also passed Series 7, Series 22TO, Series 6TO, Series 63, and Series 65.

Was previously registered with firms that include American Portfolios Financial Services, Inc. and Equitable Advisors, LLC.

Kurta Law Can Help

If you have worked with Scot Regner and you have concerns about his activity, 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 | 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. If you believe a broker or firm mishandled your account, an attorney can review the facts and explain possible next steps.