Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Roger Bowlin (Bowlin), currently associated with Aurora Securities, has at least 12 disclosable events. These events include 12 customer complaints, alleging that Bowlin recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a pending customer complaint with a damage request of $1,000,000.00 on April 14, 2026.
Customer alleges unsuitable investment recommendation in real estate security.
FINRA BrokerCheck shows a pending customer complaint with a damage request of $222,513.53 on April 08, 2026.
Claimants allege unsuitable investment recommendation in a real estate security.
FINRA BrokerCheck shows a pending customer complaint with a damage request of $300,000.00 on March 23, 2026.
Claimants allege unsuitable recommendations of a real estate security.
FINRA BrokerCheck shows a pending customer complaint with a damage request of $880,565.00 on March 23, 2026.
Claimant alleges unsuitable investment recommendation in a real estate securities investment.
FINRA BrokerCheck shows a pending customer complaint with a damage request of $345,555.00 on March 23, 2026.
Customer alleges unsuitable investment recommendation in real estate security.
FINRA BrokerCheck shows a pending customer complaint with a damage request of $200,000.00 on March 23, 2026.
Claimant alleges unsuitable investment recommendation in real estate securities investments.
FINRA BrokerCheck shows a pending customer complaint with a damage request of $1,533,004.26 on February 26, 2026.
Customer alleges unsuitable investment recommendation in real estate security.
FINRA BrokerCheck shows a pending customer complaint with a damage request of $5,000,000.00 on February 09, 2026.
Claimant alleges unsuitable investment recommendations in a real estate securities investment.
FINRA BrokerCheck shows a pending customer complaint with a damage request of $1,000,000.00 on February 09, 2026.
Customer alleges unsuitable investment recommendations in real estate security.
FINRA BrokerCheck shows a pending customer complaint with a damage request of $4,300,000.00 on February 09, 2026.
Customer alleges unsuitable investment recommendations in real estate securities.
FINRA BrokerCheck shows a pending customer complaint with a damage request of $1,000,000.00 on February 09, 2026.
Customer alleges unsuitable investment recommendation in real estate security.
FINRA BrokerCheck shows a pending customer complaint with a damage request of $1,450,000.00 on January 21, 2026.
The customer alleges unsuitable investment recommendation of real estate security.
Financial Advisors providing advice to retail investors are required to adhere to the SEC’s Regulation Best Interest (Reg BI). Reg BI applies a ‘best interest’ standard for broker-dealers and their associated people. This Reg BI standard of care applies to registered representatives making recommendations to customers in the purchase, sale, or exchange of securities or the implementation of investment strategies involving securities and non-securities. The rule also applies to the handling of opening accounts such as account transfers and types of accounts being recommended to be opened. This standard applies when brokers make recommendations to retail customer for any securities transaction or investment strategy involving securities, including recommendations of types of accounts.
Next, the broker must understand the investor’s investment background and profile. A customer’s profile includes information that describes the investor’s financial situation and needs. Information here will include their outside securities accounts and investments; relevant assets and debts; tax bracket; age; liquidity needs; risk tolerance; investment time horizon; experience with investing; investment objectives; and any other relevant information that the investor may choose to disclose pertinent to their situation. Reg BI was meant to enhance the duties that registered representatives have to their clients by applying fiduciary principles to transactions and investment strategies by prohibiting brokers from placing their own financial interests ahead of the best interests of their client – the investor. Reg BI comes with different core obligations that brokers must comply with. There is the duty of care obligation requiring financial advisors to form a reasonable belief that their investment advice and recommendations are in the retail investor’s best interest among other duties. In order to do that the broker must evaluate the potential risks, rewards, and costs associated with a product, account type, or series of transactions being recommended.
Next, the broker must understand the investor’s investment background and profile. A customer’s profile includes information that describes the investor’s financial situation and needs. Information here will include their outside securities accounts and investments; relevant assets and debts; tax bracket; age; liquidity needs; risk tolerance; investment time horizon; experience with investing; investment objectives; and any other relevant information that the investor may choose to disclose pertinent to their situation. Finally, the financial advisor must use their knowledge of both their reasonable diligence into investment options as well as their knowledge of the investor’s client specific needs to consider reasonably available investment options. Those investment options must allow the broker to determine that there is a reasonable basis that the recommendation is in the retail investor’s best interest. Brokerage firms and advisors must also understand the features and limitations of various account types as part of meeting Reg BI’s care obligations. Firms typically offer a variety of account options and services with different trading costs, services, such as account and activity monitoring. An advisor’s recommendation as to what type of securities account to open can alter the customers’ overall costs and investment returns. The advisor must determine that the client can benefit from the type of account being recommended to be opened and in the investor’s best interest taking into account the costs, benefits, and needs of the client.
Bowlin entered the securities industry in 1988. Bowlin has been registered as a Broker with Aurora Securities since 2021.
Investors who have suffered losses are encouraged to contact us at (800) 810-4262 for consultation. At Gana Weinstein LLP, our attorneys are experienced representing investors who have suffered securities losses due to the mishandling of their accounts. Claims may be brought in securities arbitration before FINRA. Our consultations are free of charge and the firm is only compensated if you recover.