Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Tara Ellis (Ellis), currently associated with Nylife Securities LLC, has at least one disclosable event. These events include one customer complaint, alleging that Ellis 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 $34,106.55 on July 02, 2021.
Regarding the 1035 exchange of two variable universal life insurance policies in April and May of 2021, respectively, the customer subsequently advised the RR that he was concerned and uncomfortable with the surrender charges assessed on the variable universal life policies from the other carrier since the RR advised him this should be resolved.