Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Michael Polito (Polito), currently associated with Nylife Securities LLC, has at least one disclosable event. These events include one customer complaint, alleging that Polito recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a pending customer complaint on October 17, 2025.
The Customers express serious concerns regarding the suitability of the Variable Annuities recommended in March 2018, November 2021, and April 2025 and request that they be permitted to transfer their assets without surrender charges or penalties.