Tag Archives: NYLIFE Securities LLC

FINRA Bars NYLife Stockbroker For Conversion

August 06, 2021  |   Posted by :   |   Elder Financial Abuse, Investment and Regulatory News, Misappropriation of Funds, Stockbroker Theft   |   Comments Off on FINRA Bars NYLife Stockbroker For Conversion

Jeffrey Scott Anderson of Bloomington Illinois a stockbroker formerly registered with NYLife Securities LLC has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity supported by findings that Anderson converted a customer’s funds. Letter of Acceptance Waiver and Consent No. 2020067888701 (Aug. 2, 2021). According to the AWC, Anderson’s […]

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FINRA Sanctions NYLife Stockbroker For Outside Activity

July 31, 2021  |   Posted by :   |   Investment and Regulatory News, Selling Away and Outside Activities   |   Comments Off on FINRA Sanctions NYLife Stockbroker For Outside Activity

Lawrence Moskowitz of Melville New York a stockbroker formerly registered with NYLife Securities LLC has been fined $5,000.00 and suspended for four months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon findings that he engaged in outside business activities while associated with NYLife Securities. Letter of Acceptance Waiver […]

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NYLife Stockbroker Barred In FINRA Investigation

July 12, 2021  |   Posted by :   |   Investment and Regulatory News, Unauthorized Trading, Variable Annuites   |   Comments Off on NYLife Stockbroker Barred In FINRA Investigation

Daniel E. Jossen (also known as Dan Jossen) of Bethesda Maryland a stockbroker formerly registered with NYLife Securities LLC has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity supported by findings that Jossen failed to cooperate with FINRA’s requests when he was investigated by the regulator for unauthorized […]

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Investors Accuse NYLife Of Misrepresentation

January 03, 2021  |   Posted by :   |   Investment and Regulatory News, Variable Annuites   |   Comments Off on Investors Accuse NYLife Of Misrepresentation

Janine Marie Ruland (also known as Janine Marie Roupe and as Janine Salvadalena) a stockbroker currently registered with NYLife Securities Inc. is referenced in a customer initiated investment related written complaint on September 29, 2020 in which the customer sought more than $5,000.00 in damages founded on allegations that the customer had been provided with […]

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NYLife Stockbroker Accused Of Selling Away Fake Cryptocurrencies

January 03, 2021  |   Posted by :   |   Investment and Regulatory News, Selling Away and Outside Activities   |   Comments Off on NYLife Stockbroker Accused Of Selling Away Fake Cryptocurrencies

Andre Pierre Senegal of Tinley Park Illinois a stockbroker formerly registered with NYLife Securities LLC is the subject of a customer initiated investment related written complaint on November 11, 2020 where the customer requested $15,000.00 in damages based upon accusations that the customer did not receive any information relating to money that they provided to […]

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FINRA Sanctions NYLife Stockbroker For Forgery

December 07, 2020  |   Posted by :   |   Forgery, Investment and Regulatory News   |   Comments Off on FINRA Sanctions NYLife Stockbroker For Forgery

Thomas James Barone of New Orleans Louisiana a stockbroker formerly registered with NYLife Securities LLC has been fined $5,000.00 and suspended for four months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity founded on findings that Barone forged customers’ signatures on life insurance policy documents. Letter of Acceptance Waiver and […]

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FINRA Sanctions NYLife Stockbroker For Future Income Payments Scam

November 04, 2020  |   Posted by :   |   Securities Arbitration Claims, Selling Away and Outside Activities   |   Comments Off on FINRA Sanctions NYLife Stockbroker For Future Income Payments Scam

Neemit Mukesh Shah of Glen Allen Virginia a stockbroker formerly employed by NYLife Securities LLC has been fined $5,000.00 and suspended for six months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity founded on findings that Shah engaged in private securities transactions during the period that he was associated with […]

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NYLife Accused By Investors Of Forging Checks

August 27, 2020  |   Posted by :   |   Customer Loans, Forgery, Misappropriation of Funds, Stockbroker Theft   |   Comments Off on NYLife Accused By Investors Of Forging Checks

Ronald James Knight (also known as Ramone Knight) of Timonium Maryland a stockbroker formerly registered with NYLife Securities is referenced in a customer initiated investment related written complaint which was resolved for $128,351.26 on April 10, 2018 based upon allegations of the stockbroker having failed to repay a NYLife Securities LLC customer after borrowing funds […]

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FINRA Bars NYLife Stockbroker In Investigation

April 23, 2020  |   Posted by :   |   Selling Away and Outside Activities, Variable Annuites   |   Comments Off on FINRA Bars NYLife Stockbroker In Investigation

Piero Benjamin Dilorenzo of Melville New York a stockbroker formerly registered with NYLife Securities LLC has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that he failed to cooperate with FINRA personnel during the period in which he was under investigation for engaging […]

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FINRA Bars NYLife Stockbroker In Woodbridge Investigation

April 18, 2020  |   Posted by :   |   Investment and Regulatory News, Promissory Notes, Selling Away and Outside Activities   |   Comments Off on FINRA Bars NYLife Stockbroker In Woodbridge Investigation

Alan Harold New of Fort Wayne Indiana a stockbroker formerly registered with NYLife Securities LLC has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that New neglected to provide information and documentation to the regulator during an investigation into allegations of New’s sale […]

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NYLife Stockbroker Sanctioned For Forgery

April 08, 2020  |   Posted by :   |   Forgery   |   Comments Off on NYLife Stockbroker Sanctioned For Forgery

William James Hite of Stratford Connecticut a stockbroker formerly registered with NYLife Securities has been fined $7,500.00 and suspended for six months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that he forged a customer’s signature to effect an annuity exchange. Letter of Acceptance Waiver […]

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Investors Sue NYLife Over Woodbridge Ponzi Scheme

Alan Harold New of Fort Wayne Indiana a stockbroker registered with NYLife Securities LLC is the subject of a customer initiated investment related arbitration claim in which the customer requested $110,000.00 in damages based upon allegations of misleading statements or omissions being made by New concerning the risks of Woodbridge Promissory Notes which he sold […]

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NYLife Stockbroker Barred In FIP Investigation

Kari Marlin Bracy (also known as Kari Marlin Farwell) of Jacksonville Beach Florida a stockbroker formerly registered with NYLife Securities LLC has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that she failed to comply with FINRA personnel when it investigated her for […]

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NYLife Sued For Selling Away Alternative Investments

Joel Vincent Flaningan of Fort Wayne Indiana a stockbroker formerly employed by NYLife Securities LLC is the subject of a customer initiated investment related civil action brought in the Superior Court of Indiana in which the customer requested $29,000.00 in damages based upon accusations that (1) unfounded statements had been made by the stockbroker concerning […]

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NYLife Sanctioned For Failure To Supervise

December 06, 2019  |   Posted by :   |   Failure To Supervise, Investment and Regulatory News   |   0 Comments

NYLife Securities LLC a securities broker dealer headquartered in New York New York has been censured and fined $250,000.00 by Financial Industry Regulatory Authority (FINRA) based upon the securities broker dealer’s consent to findings that it neglected to supervise mutual fund sales executed by its stockbrokers to ensure that those sales were suitable for customers. […]

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FINRA Sanctions NYLife Stockbroker For Selling Away

David Quentin Kendrick of Shreveport Louisiana a stockbroker formerly registered with NYLife Securities LLC has been fined $30,000.00 and suspended for eighteen months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity founded on findings that (1) Kendrick took part in outside business activities without having informed his securities broker dealer […]

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NYLife Terminates Stockbroker For Unsuitable Trading

November 24, 2019  |   Posted by :   |   Investment and Regulatory News, Mutual Fund Fraud   |   0 Comments

Timothy Robert Millis of Okemos Michigan a stockbroker registered with NYLife Securities LLC has been terminated by the securities broker dealer on April 1, 2019 supported by accusations that Millis effected inappropriate and unsuitable switches of mutual funds in the accounts of NYLife Securities LLC customers. Financial Industry Regulatory Authority (FINRA) Public Disclosure confirms that […]

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FINRA Sanctions NYLife Stockbroker For Bad Advice

Timothy Robert Millis of Okemos Michigan a stockbroker formerly employed by NYLife Securities LLC has been suspended for three months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that Millis poorly advised customers of NYLife Securities LLC in regard to a short-term mutual fund trading […]

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Investors Accuse NYLife Of Bad Securities

Michael Andrew Norman of Reno Nevada a stockbroker formerly registered with NYLife Securities LLC is referenced in a customer initiated investment related written complaint on April 18, 2019 in which the customer sought damages estimated to exceed $5,000.00 founded on accusations that the customer was placed into a variable annuity by Norman that failed to […]

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FINRA Bars NYLife Stockbroker For Conversion

Lawrence James Rizer of Boardman Ohio a stockbroker formerly registered with NYLife Securities LLC has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings of his conversion of funds while engaging in an outside business activity. Letter of Acceptance Waiver and Consent No. 2017054157401 […]

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FINRA Sanctions NYLife Stockbroker For Outside Business Activities

Partho Sarathi Ghosh of New York New York a stockbroker registered with NYLife Securities LLC has been fined $25,000.00 and suspended for six months from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity according to an Extended Hearing Panel Decision containing findings that Ghosh engaged in undisclosed outside business activities. Department […]

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NYLife Stockbroker Convicted Of Wire Fraud

Jonathan Spencer Williams of Timonium Maryland a stockbroker formerly employed by NYLife Securities pled guilty to one count of felony wire fraud (18. U.S.C. § 1343) as part of a scheme which caused customers of NYLife Securities to incur approximately $2,800,000.00 in losses. Criminal Action No. 1:18cr183 (D. Md. Apr. 29, 2019). Evidently, customers were […]

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Investors Sue NYLife For Insurance Misconduct

August 02, 2019  |   Posted by :   |   Investment and Regulatory News   |   0 Comments

Lawrence James Rizer of Boardman Ohio a stockbroker formerly registered with NYLife Securities LLC is the subject of a customer initiated investment related civil action brought in the Jefferson County Ohio State Court which was resolved for $65,000.00 based upon accusations that (1) the customers had been sold life insurance policies which lapsed despite the […]

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NYLife Broker Sanctioned For Unauthorized Transactions

April 10, 2019  |   Posted by :   |   Investment and Regulatory News   |   0 Comments

Nathan Michael Badowski of Timonium Maryland a stockbroker formerly registered with NYLife Securities LLC is the subject of an Order issued by the Commonwealth of Virginia State Corporation Commission which revoked Badowski’s agent registration in the Commonwealth based upon accusations that Badowski engaged in business as an insurance company’s agent even though Badowski lacked any […]

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FINRA Bars NYLife Securities Broker In Investigation

March 28, 2019  |   Posted by :   |   Investment and Regulatory News, Variable Annuites   |   0 Comments

Judith Adele Johnston of Frisco Texas a stockbroker formerly employed by NYLife Securities LLC has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon findings that Johnston failed to cooperate with FINRA personnel in the course of an investigation into the complaints lodged against her from customers […]

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NYLife Blamed By Investors For Breach Of Fiduciary Duty

John Thomas Alexander III of Charlotte North Carolina a broker formerly registered with NYLife Securities LLC is referenced in a customer initiated investment related written complaint which settled for $93,052.21 on October 18, 2017 supported by accusations that (1) the customer had been provided poor advice concerning the insurance, mutual fund and annuity products purchased […]

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NYLife Accused Of Annuity Fraud

March 04, 2019  |   Posted by :   |   Investment and Regulatory News, Variable Annuites   |   0 Comments

Christopher Tucciariello of New Windsor New York a stockbroker currently employed by NYLife Securities LLC is the subject of a customer initiated investment related written complaint which was settled for $15,000.00 on October 8, 2018 based upon accusations that misrepresentations had been made to the customer by Tucciariello with regard to the surrender fees paid […]

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Regulator Fines NYLife Broker For Outside Business Activities

Grant P. Talbert of Lexington Kentucky a stockbroker formerly registered with NYLife Securities LLC has been fined $15,000.00 and suspended for sixteen months from being an investment adviser representative, investment adviser, agent or broker-dealer in the State of Kentucky based upon findings that (1) Talbert and an investment adviser entered into a solicitor relationship without […]

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NYLife Broker Barred In FINRA Inquiry

January 19, 2019  |   Posted by :   |   Forgery, Investment and Regulatory News   |   0 Comments

Douglas Anthony Rabess of New Windsor Connecticut a stockbroker formerly registered with NYLife Securities LLC has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity founded on accusations that Rabess failed to comply with FINRA’s inquiries about his activities. Case No. 2016050595002 (Sept. 5, 2017). According to FINRA Public […]

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NYLife Broker Barred In Customer Loan Investigation

December 13, 2018  |   Posted by :   |   Customer Loans, Investment and Regulatory News   |   0 Comments

Michael Andrew Norman of Reno Nevada a former NYLife Securities LLC registered representative has been barred from associating with any Financial Industry Regulatory Authority (FINRA) member in any capacity based upon consenting to findings that Norman failed to cooperate with FINRA in an investigation into allegations of him engaging in an unapproved customer loan arrangement. […]

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