William Leo Creedon (CRD #1139558) Has Customer Dispute, Financial, and Judgment/Lien Disclosures on FINRA BrokerCheck

William Leo Creedon (CRD #1139558) is a broker with customer dispute, financial, and judgment/lien disclosures on FINRA BrokerCheck. We reviewed his BrokerCheck report on March 11, 2026. It reflects 11 customer disputes, one financial disclosure, and one judgment/lien disclosure. If you invested with William Creedon and have concerns, keep reading.

BrokerCheck link: BrokerCheck

BrokerCheck report: BrokerCheck Report (PDF)

Investor Disputes / Customer Complaints

William Creedon’s FINRA BrokerCheck report reflects 11 customer dispute disclosures. Below are two examples from that category. Nine additional customer dispute disclosures remain listed on BrokerCheck.

On January 22, 2026, a customer alleged William Creedon placed unauthorized trades that resulted in capital gains. William Creedon’s FINRA BrokerCheck report lists the product as a mutual fund and the alleged damages as $10,600. The complaint was denied on February 3, 2026. The report also includes a statement that the account was governed by a signed advisory agreement that gave discretion over trades and stock selection.

On August 9, 2002, a customer alleged William Creedon made misrepresentations, excessive trades, unsuitable trades, and margin transactions the customer did not understand or authorize. William Creedon’s FINRA BrokerCheck report lists the product type as equity-OTC. The matter was denied on May 22, 2003.

Financial Disclosures

William Creedon’s FINRA BrokerCheck report also reflects one financial disclosure. A summary appears below.

William Creedon’s FINRA BrokerCheck report lists a Chapter 13 bankruptcy filed on July 29, 2022. BrokerCheck shows the matter as final and states it was dismissed on December 5, 2022. The report lists the court as the U.S. Bankruptcy Court, Central District of California, Los Angeles, with docket number 2212411.

Judgment / Lien Disclosures

William Creedon’s FINRA BrokerCheck report also reflects one judgment/lien disclosure. A summary appears below.

William Creedon’s FINRA BrokerCheck report lists a civil judgment/lien for $521,059 filed on November 12, 2021. BrokerCheck identifies the holder as Sally Creedon and states the judgment/lien remains outstanding. The report lists the matter in Los Angeles County Court in Los Angeles, California, under case number GD050883.

Rule Summary #1: FINRA Rule 3260 (Discretionary Accounts)

FINRA Rule 3260 addresses discretionary accounts. It requires written authorization, firm acceptance, and review of discretionary trading. Complaints about unauthorized or excessive trading can raise questions about whether those controls were followed.

Rule Summary #2: FINRA Rule 2111 (Suitability)

FINRA Rule 2111 requires a reasonable basis for a recommendation. It focuses on the customer’s profile, including risk tolerance, objectives, and financial situation. Disputes involving unsuitable or excessive trading often raise suitability concerns.

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 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 had to fit the investor. Reg BI goes further. It requires firms and brokers to put the investor’s interest first when making a recommendation.

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, William Creedon:

Is currently registered with Raymond James & Associates, Inc.

Has passed the Securities Industry Essentials (SIE) exam. William Creedon has also passed Series 7, Series 3, Series 65, Series 63, and Series 8.

Was previously registered with firms that include UBS Financial Services Inc. and RBC Capital Markets Corporation.

Kurta Law Can Help

If you have worked with William Creedon 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 for a free case evaluation.

Helpful resources: Unsuitable Investments | Securities Attorney

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 the next steps.