Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Matthew Carmichael (Carmichael), currently associated with Nylife Securities LLC, has at least one disclosable event. These events include one customer complaint, alleging that Carmichael recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a pending customer complaint on December 31, 2025.
The Customer alleges the variable annuity he purchased in October 2025 was not appropriate for his age, liquidity needs, objectives, or planning horizon. The customer wants to exit the product without surrender fees.