Samiul Anam Chowdhury of Melville New York a stockbroker formerly employed by MML Investors Services LLC has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity founded on allegations that he failed to provide FINRA personnel with information that was requested of him. FINRA Case No. 2017053704401 (Dec. 4, 2017).
According to FINRA Public Disclosure, Chowdhury had been informed by FINRA on August 31, 2017 that he was about to be suspended on September 25, 2017 if he did not provide FINRA with the requested information. Chowdhury’s suspension went into effect on September 25, 2017. FINRA evidently informed Chowdhury that by December 3, 2017, if he did not provide FINRA with the information required to terminated his suspension, he would be barred in all capacities. Chowdhury apparently failed to respond, resulting in him being automatically barred by FINRA.
Chowdhury has been terminated from two brokerage firms supported by accusations of misconduct. Particularly, on July 27, 2016, he was terminated from NYLife Securities LLC during the time of an internal investigation into allegations of Chowdhury’s possible violations of the firm’s procedures and policies. NYLife contended that Chowdhury possibly recycled life insurance policy documents signed by customers, including bank draft arrangements and policy delivery receipts.
Chowdhury was later discharged from MML Investors Services LLC on March 3, 2017 based upon accusations that he engaged in activities pertaining to securities product solicitations despite not having been registered with MML.
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