John Celon Rabulan, of Norfolk, Virginia, a stockbroker registered with NYLIFE Securities LLC, has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity because Rabulan failed to respond to FINRA’s request for information. Case No. 2023078315301 (December 11, 2023).
FINRA initially suspended Rabulan on October 2, 2023, due to his failure to respond to their request for information. Despite being notified of the suspension, Rabulan did not seek termination of his suspension within the required three-month period. As a result, under FINRA Rule 9552(h), he was automatically barred by the regulator in all capacities as of December 11, 2023.
FINRA Public Disclosure additionally shows that on June 9, 2023, a customer initiated investment related FINRA securities arbitration claim involving Rabulan’s conduct was settled for $28,938.49 in damages based upon allegations that Rabulan forged signatures on variable and fixed insurance policy documents during the time that Rabulan was associated with NYLIFE Securities LLC. FINRA Arbitration No. 22-00733.
Rabulan was associated with NYLIFE Securities LLC in Norfolk, Virginia from July 22, 2019, to September 1, 2022.
