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Steven Lauder is the Subject of an Investor Dispute

Steven Lauder (CRD #: 4776128), a broker registered with Morgan Stanley, is the subject of an investor dispute. This is according to his BrokerCheck record, accessed on March 18, 2024. Keep reading if you have questions regarding his alleged conduct. 

Investor Dispute 

On December 29, 2023, an investor alleged that Steven Lauder recommended investments that were not in his best interest. The dispute was denied by the firm, but investors should know that firms can deny disputes without any external review. 

What is Regulation Best Interest? 

Regulation Best Interest expands on the requirements of FINRA Rule 2111, which defines suitable investment recommendations. In addition to limiting their recommendations to investments that suit their investors’ needs, brokerage firms must also uphold a Duty of Care, the Conflict of Interest Obligation, and the Disclosure Obligation. These obligations and duties require brokerage firms to disclose conflicts of interest. 

Background Information 

Steven Lauder has passed the following exams: 

  • Series 66 – Uniform Combined State Law Examination 
  • SIE – Securities Industry Essentials Examination 
  • Series 7 General Securities Representative Examination ‘

He is a registered broker in over 30 states. 

During his 19 years of experience, he has registered with two firms: Morgan Stanley (CRD #: 149777) and Merrill Lynch, Pierce, Fenner & Smith (CRD #: 7691). 

Kurta Law Can Help 

If you have worked with Steven Lauder and you have concerns about your investments, do not hesitate to contact us at 877-600-0098 or info@kurtalawfirm.com for a free consultation. 

For nearly 20 years, Kurta Law has advocated for investors to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm that exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf. Do not let securities fraud go unchecked. Start your recovery process today.

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