Curtis Wayne Smith

(CRD #1383235, Omaha, Nebraska)

April 14, 2025 – An AWC was issued in which Smith was assessed a deferred fine of $10,000 and suspended from association with any FINRA member in all capacities for three months. Without admitting or denying the findings, Smith consented to the sanctions and to the entry of findings that he impersonated a customer on four telephone calls to an annuity provider in order to obtain paperwork to facilitate a transaction for the customer. The findings stated that Smith recommended that the customer transfer their fixed annuity contract into a brokerage account in order to purchase certain securities and receive a monthly dividend. In connection with that recommendation, which the customer accepted, Smith made the phone calls to the annuity provider. The findings also stated that Smith exercised discretionary authority in a non-discretionary account by reallocating a variable annuity’s subaccount allocation without prior written authorization from the customers who owned the account, and without the account having been accepted as discretionary by his member firm. Smith attempted to conceal his misconduct by using a personal email account to send an email discussing the transaction with the affected customers. Further, Smith falsely certified to his firm that he did not use discretion in commission-based accounts. The findings also included that Smith caused his firm to fail to preserve required books and records by using two personal email accounts to conduct securities business. Smith used the personal email accounts to respond to customer inquiries about their accounts, provide investment summaries to customers, and communicate with annuity providers about customer transactions. In addition, Smith falsely attested to his firm that he was sending and receiving all business-related communications through an approved and archived email address. The suspension is in effect from April 21, 2025, through July 20, 2025. (FINRA Case #2023077040901) If you have suffered losses as a result of Curtis Wayne Smith 's act and/or actions, we would like to hear from you. We are currently investigating claims on behalf of clients who have suffered significant losses in their portfolios that are managed by Curtis Wayne Smith . The Schwartz Law Firm represents investors in claims against financial advisors and their firms. If you have questions about your potential claim or need assistance from an investment fraud lawyer, please contact us at 866-618-0545 or email Matthew Schwartz directly at mschwartz@tslfirm.com.