Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Zvi Rosenzweig (Rosenzweig), currently associated with MML Investors Services, LLC, has at least one disclosable event. These events include one customer complaint, alleging that Rosenzweig recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a settled customer complaint on September 18, 2023.
The complainant alleges, that in or around November 30, 2016, his registered representative, advised him to partially redeem his variable annuity, to fund a whole life policy, which was misrepresented. The complainant says that because of the redemption, he has incurred significant taxes, and says he had cash available elsewhere and should not have been advised to partially redeem the variable annuity.