Timothy John Dabulis (CRD #2302842) Has Regulatory and Customer Dispute Disclosures

Timothy John Dabulis (CRD #2302842) was previously registered as a broker and has disclosure events on FINRA BrokerCheck. We reviewed his BrokerCheck report on February 3, 2026. The report lists one regulatory event, one customer dispute, one financial disclosure, and one judgment/lien.

BrokerCheck link: BrokerCheck

BrokerCheck report: BrokerCheck Report (PDF)

Regulatory Action(s)

Timothy Dabulis’s FINRA BrokerCheck report lists one regulatory event. A summary is below.

NASD initiated the action on September 26, 2006. Timothy Dabulis was then associated with Dawson James Securities, Inc. BrokerCheck states that he effected two unauthorized transactions totaling $5,019.88 in a public customer’s account on or about August 24, 2005. The matter was resolved through an Acceptance, Waiver & Consent (AWC). The sanctions included a $5,000 fine and a 10-business day suspension from October 16, 2006 through October 27, 2006. You can review the related FINRA Disciplinary Actions Notice (Nov. 2006).

Investor Disputes / Customer Complaints

Timothy Dabulis’s FINRA BrokerCheck report lists one customer dispute that is pending. Details are below.

On January 9, 2026, a customer alleged losses after investing $25,000 in GWG L Bonds in October 2020. The customer sought $25,000 in alleged damages. The claim lists the alleged loss as principal and interest. BrokerCheck lists the product type as debt-corporate. The matter is listed as pending.

Financial Disclosures

BrokerCheck reports one financial disclosure for Timothy Dabulis. The entry is summarized below.

BrokerCheck lists a compromise dated August 3, 2017. The report lists Merrick Bank as the creditor. The disposition is listed as a charge-off. The original amount owed is $958.

Judgment / Lien

Timothy Dabulis’s FINRA BrokerCheck report lists one judgment/lien. Details are below.

BrokerCheck lists a civil judgment/lien for $1,269.73 held by Capital One Bank (USA) N.A. The filing date is September 9, 2019. BrokerCheck marks it outstanding.

Rule Summary #1:

FINRA Rule 2111 (Suitability) requires brokers to have a reasonable basis to believe a recommendation is suitable for the customer. It also requires reasonable diligence to understand the customer and the product.

Rule Summary #2:

FINRA Rule 2010 (Standards of Commercial Honor and Principles of Trade) requires members to observe high standards of commercial honor and just and equitable principles of trade. FINRA may cite this rule when sales practices fall short of those standards.

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 Timothy Dabulis’s FINRA BrokerCheck report, Timothy Dabulis:

Is not currently registered.

Was previously registered with firms that include Paulson Investment Company LLC, Salomon Whitney Financial, and Newport Coast Securities, Inc.

Has passed 3 total exams including the Securities Industry Essentials (SIE) exam, Series 7, and Series 63.

Was most recently registered with Paulson Investment Company LLC from August 2017 through September 2025.

Kurta Law Can Help

If you have worked with Timothy Dabulis and you have concerns about your account, Kurta Law may be able to help you evaluate your legal options. To discuss a potential claim, call 877-600-0098 or email info@kurtalawfirm.com.

Helpful Resources: Securities Attorney | Types of Broker 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.