Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Christopher Mccarthy (Mccarthy), currently associated with Nylife Securities LLC, has at least one disclosable event. These events include one customer complaint, alleging that Mccarthy recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a settled customer complaint with a damage request of $5,421.28 on March 28, 2023.
The policyowner alleges that the RR did not fully inform her of the product features and charges associated with variable annuity policies purchased in December 2022 and February 2023, respectively, and that the policies do not suit her needs. The policyowner has requested to terminate the variable annuity policies with no surrender charges or costs.