Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Marc Rosenthal (Rosenthal), currently associated with Nylife Securities LLC, has at least one disclosable event. These events include one customer complaint, alleging that Rosenthal 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 $9,500.00 on February 10, 2014.
CUSTOMER ALLEGES THAT HE WAS NOT INFORMED OF THE 10% EARLY WITHDRAWAL PENALTY ASSOCIATED WITH WITHDRAWAL OF FUNDS FROM HIS VARIABLE ANNUITY POLICY IN MARCH AND JULY 2013, WHICH HAS RESULTED IN A TAX LIABILITY.