Scott S. Gregory (CRD #4426847) Has a Customer Dispute and Termination Disclosure on FINRA BrokerCheck
Scott S. Gregory (CRD #4426847) was previously registered as a broker and has a customer dispute and termination disclosure on FINRA BrokerCheck. We reviewed his BrokerCheck report on January 29, 2026. It reflects one customer dispute and one termination. If you invested with Scott Gregory and have concerns, keep reading.
BrokerCheck link: BrokerCheck
BrokerCheck report: BrokerCheck Report (PDF)
Investor Disputes / Customer Complaints
Scott S. Gregory’s FINRA BrokerCheck Report reflects one customer dispute disclosure. A summary of the dispute is below:
On October 15, 2025, a customer complained about option trades and a mutual fund sale that they said were made without consent. Scott S. Gregory’s FINRA BrokerCheck report lists alleged damages of $42,000. The matter was settled on November 5, 2025 for $42,380.72. The report lists Scott Gregory’s individual contribution as $0.
Employment Separation
Scott S. Gregory’s FINRA BrokerCheck Report reflects one employment separation disclosure. A summary is below:
Scott S. Gregory’s FINRA BrokerCheck report states that Benjamin F. Edwards & Company discharged him on November 2, 2025. The firm stated it lost confidence in him after receiving a customer complaint.
Rule Summary #1: FINRA Rule 2010 (Standards of Commercial Honor and Principles of Trade)
FINRA Rule 2010 requires firms and associated persons to observe high standards of commercial honor and just and equitable principles of trade. Customer complaints about trades made without consent can raise questions about whether those standards were followed.
Rule Summary #2: FINRA Rule 3110 (Supervision)
FINRA Rule 3110 requires firms to maintain a supervisory system designed to achieve compliance with securities laws and FINRA rules. Unauthorized trading complaints can also raise questions about whether a firm’s supervision and reviews were effective.
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, Scott S. Gregory:
Is not currently registered.
Has passed the Securities Industry Essentials (SIE) exam. Scott Gregory has passed Series 7 and Series 6. He has also passed Series 66 and Series 63.
Was previously registered with firms that include Benjamin F. Edwards & Company, Inc., Investment Planners, Inc., Private Client Services, LLC, and Wells Fargo Clearing Services, LLC.
Kurta Law Can Help
If you have worked with Scott Gregory 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: Unauthorized Trading | Unsuitable Investments
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.