Taylor J Nussbaum (CRD #7384506) Has an Employment Separation Disclosure on FINRA BrokerCheck

Taylor J Nussbaum (CRD #7384506) has been the subject of disclosure events, which have recently been reported on Taylor Nussbaum’s FINRA BrokerCheck Report. According to Taylor J Nussbaum’s FINRA BrokerCheck report accessed on January 24, 2026, Taylor J Nussbaum has been the subject of one employment separation after allegations disclosure. If you invested with Taylor J Nussbaum and you have concerns about Taylor Nussbaum’s activity, keep reading.

BrokerCheck link: BrokerCheck

BrokerCheck report: BrokerCheck Report (PDF)

Employment Separation After Allegations

Taylor Nussbaum’s FINRA BrokerCheck Report reflects one employment separation after allegations disclosure. A summary of the disclosure is below:

On November 12, 2025, Taylor Nussbaum voluntarily resigned from Northwestern Mutual Investment Services, LLC. The disclosure states that while under internal review, Taylor Nussbaum resigned after allegations that Taylor Nussbaum violated firm policies related to outside business activities. The product type listed on the disclosure is No Product.

Rule summary #1: FINRA Rule 3270 (Outside Business Activities of Registered Persons)

FINRA Rule 3270 (Outside Business Activities of Registered Persons) requires registered persons to provide prior written notice to their member firm before engaging in a business activity outside the scope of their relationship with the firm.

Rule summary #2: FINRA Rule 2010

FINRA Rule 2010 is a broad, principles-based rule requiring members and associated persons to observe high standards of commercial honor and just and equitable principles of trade.

Why this Matters to Investors (Regulation Best Interest)

Regulation Best Interest (Reg BI) is a U.S. securities regulation designed to strengthen the standard of conduct that broker-dealers owe to retail investors when making recommendations about securities transactions or investment strategies. Adopted by the U.S. Securities and Exchange Commission and effective as of June 30, 2020, Reg BI aims to enhance investor protection while preserving investor access to brokerage products and services.

Reg BI requires broker-dealers and financial advisors to act in the best interest of the retail customer at the time a recommendation is made, and not to place their own financial or other interests ahead of the customer’s. This represents a higher standard than the historical “suitability” requirement, which only required that recommendations be suitable, not necessarily optimal or conflict-free.

Reg BI is built around four key obligations:

1. Disclosure Obligation – Broker-dealers must disclose material facts about the relationship and recommendations, including fees, scope of services, and conflicts of interest.
2. Care Obligation – Recommendations must be made with reasonable diligence, care, and skill, considering costs, risks, and alternatives.
3. Conflict of Interest Obligation – Firms must identify, disclose, and mitigate or eliminate conflicts, particularly those that create incentives to favor one product over another.
4. Compliance Obligation – Firms must establish policies and procedures designed to ensure compliance with Reg BI as a whole.

Importantly, Reg BI applies at the recommendation level, not as a continuous duty like the fiduciary standard applicable to registered investment advisers. Still, it significantly narrows the gap by emphasizing cost considerations, conflict management, and investor-focused decision-making.

Overall, Regulation Best Interest seeks to promote transparency, improve the quality of investment recommendations, and reinforce trust between retail investors and broker-dealers in the U.S. securities markets.

Background Information (from BrokerCheck)

Based on His BrokerCheck Report, Taylor Nussbaum:

• Is currently registered with MML Investors Services, LLC.
• Has passed the Securities Industry Essentials (SIE), Series 6, and Series 63 exams.
• Was previously registered with firms that include Northwestern Mutual Investment Services, LLC.

Kurta Law Can Help

If you have worked with Taylor Nussbaum and you have concerns about Taylor Nussbaum’s activity, Kurta Law may be able to help you evaluate potential recovery options. You may be entitled to pursue a claim through FINRA arbitration, depending on the facts of your situation and the investments involved. Contact Kurta Law at 877-600-0098 or info@kurtalawfirm.com for a free consultation.

Helpful resources: Selling Away | Investment Fraud

For nearly 20 years, Kurta Law has advocated for investors and helped hold financial professionals accountable—because investors should not have to sit quietly while alleged misconduct and securities fraud go unchecked. Start your recovery process today.