Wen Che (CRD #6911319) Has a Customer Dispute Disclosure on FINRA BrokerCheck

Wen Che (CRD #6911319) is a broker with a customer dispute on FINRA BrokerCheck. We reviewed the BrokerCheck report on February 9, 2026. It reflects one customer dispute. If you invested with Wen Che and have concerns, keep reading.

BrokerCheck link: BrokerCheck

BrokerCheck report: BrokerCheck Report (PDF)

Investor Disputes / Customer Complaints

Wen Che’s FINRA BrokerCheck Report reflects one customer dispute disclosure. A summary of the dispute is below:

On December 15, 2025, a customer alleged that Wen Che made misrepresentations and omissions tied to an investment made in 2019. The customer also alleged breach of contract, breach of fiduciary duty, and negligence. FINRA BrokerCheck lists the product type as Debt-Corporate. The matter is pending in a FINRA arbitration with docket number 25-02732. The filing date is listed as December 12, 2025. The customer’s damages description references $200,000 in general and compensatory damages, along with other claimed relief.

Rule Summary #1: FINRA Rule 2020 (Use of Manipulative, Deceptive or Other Fraudulent Devices)

FINRA Rule 2020 prohibits members from inducing a purchase or sale of a security through deceptive or fraudulent devices. Disputes that include misrepresentation or omission allegations can raise questions about what the customer was told and what was left out. They can also raise questions about how the recommendation was documented.

Rule Summary #2: FINRA Rule 2111 (Suitability)

FINRA Rule 2111 requires a reasonable basis for each recommendation. It also requires the recommendation to fit the customer’s investment profile, including risk tolerance and time horizon. Complaints may question whether the product matched those factors.

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 the FINRA BrokerCheck report, Wen Che:

Is currently registered with Emerson Equity LLC.

Has passed the Securities Industry Essentials (SIE) exam. Wen Che has also passed Series 7 and Series 66.

Was previously registered with firms that include Independent Financial Group, LLC.

Kurta Law Can Help

If you have worked with Wen Che and you have concerns about the conduct described above, 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 | Securities 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.