Articles Tagged with Nylife Securities LLC

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Kyung Ruscitti (Ruscitti), previously associated with Nylife Securities LLC, has at least one disclosable event. These events include one customer complaint, alleging that Ruscitti 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 $2,500.00 on February 19, 2026.

Customer alleges he paid the RR for a financial plan that was not received. The customer has since requested a return of his funds, however the funds have not been received from the RR.

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Anthony Cancela (Cancela), currently associated with Nylife Securities LLC, has at least one disclosable event. These events include one customer complaint, alleging that Cancela 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 $9,912.00 on December 03, 2020.

Customer alleges that he was misled regarding tax benefits when he purchased Variable Universal Life Insurance policies in December 2019 and March 2020. Customer requests a refund of premiums paid.

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Christopher Dodd (Dodd), currently associated with Nylife Securities LLC, has at least 2 disclosable events. These events include one customer complaint, one regulatory event, alleging that Dodd recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint on March 16, 2026.

The policyowners allege they were misled when they purchased variable annuities in November and December 2024, respectively, and that the policies do not suit their needs. The policyowners request to terminate the variable annuities with no surrender charges or costs.

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Kelly Decker (Decker), currently associated with Nylife Securities LLC, has at least one disclosable event. These events include one customer complaint, alleging that Decker recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a pending customer complaint on March 23, 2026.

The customer has alleged the surrender fees associated with 2 variable annuities were purchased in December 2025 were not fully explained.

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Jim Massung (Massung), currently associated with Nylife Securities LLC, has at least one disclosable event. These events include one customer complaint, alleging that Massung 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 $15,931.03 on April 20, 2020.

The customer alleged that the RR misrepresented the features of a Mainstay investment product and failed to advise the customers that the product featured a daily withdrawal limit.

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Cody Greene (Greene), currently associated with Nylife Securities LLC, has at least one disclosable event. These events include one customer complaint, alleging that Greene recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint on April 24, 2020.

Customers allege the Variable Annuity policy they each purchased in February 2020 were initially understood to allow for a larger monthly contribution that would meet the $5,000 minimum annual contribution while providing for a lower annual fee and a 7 year surrender charge period. They were later informed that the specific Variable Annuity they purchased does not allow for monthly contributions and that the surrender charge period would reset with each additional contribution therefore the customers are looking to reverse the purchase of these policies.

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Gobind Hemnani (Hemnani), currently associated with Nylife Securities LLC, has at least one disclosable event. These events include one customer complaint, alleging that Hemnani recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint on June 02, 2020.

The customer alleged that a the market risk of a variable universal life insurance policy issued on or about September 18, 1998 had been misrepresented.

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Louis Bayhi (Bayhi), currently associated with Nylife Securities LLC, has at least one disclosable event. These events include one customer complaint, alleging that Bayhi 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 $11,002.00 on June 29, 2020.

The customer alleges the RR never advised him in September 2019 that he would incur a tax obligation when he recommended that he exchange one fund for another in his Mainstay mutual fund account. As a result of the poor recommendation, the customer alleged he incurred an $11,000 additional tax obligation and he is requesting to be made whole for the extra taxes incurred.

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Kerry Beslin (Beslin), currently associated with Nylife Securities LLC, has at least one disclosable event. These events include one customer complaint, alleging that Beslin 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 $11,002.00 on June 29, 2020.

The customer alleges the RR never advised him in September 2019 that he would incur a tax obligation when she recommended that he exchange one fund for another in his Mainstay mutual fund account. As a result of the poor recommendation, the customer alleged he incurred an $11,000 additional tax obligation and he is requesting to be made whole for the extra taxes incurred.

According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Sean Starling (Starling), currently associated with Nylife Securities LLC, has at least one disclosable event. These events include one customer complaint, alleging that Starling recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.

FINRA BrokerCheck shows a settled customer complaint on July 16, 2020.

Customer alleges the Variable Annuity policy she purchased in June 2013 was initially understood to allow for withdrawals however she recently became aware that this policy does not allow for withdrawals, therefore she is requesting an exception in order to access her funds immediately.

Contact Information