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Ceondre Colvin Subject of a Variable Annuity Dispute

Ceondre Colvin (CRD #: 7329753), a broker registered with NYLife Securities, is the subject of an investor dispute. This is according to his BrokerCheck record, accessed on May 20, 2024. Keep reading if you have questions regarding his alleged conduct. 

Investor Allegations

On March 22, 2024, an investor alleged he incurred a surrender charge when he transferred a variable annuity. Ceondre Colvin allegedly did not inform him that he was invested in the stock market and that the account should have been an IRA. The investor further alleged that money was withdrawn from his credit union to purchase an irrevocable fixed annuity. 

The investor requested the return of his money without surrender charges. 


FINRA Rule 2020 forbids the use of deceptive, manipulative, and otherwise fraudulent methods to influence the purchase and sale of securities. The misrepresentation or omission of material facts, like surrender charges, violates this rule.

High Standards of Commercial Honor 

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Failing to accurately explain an investment and disclose surrender charges may violate this rule. 

Background Information 

Ceondre Colvin has passed the following exams: 

  • Series 6TO Investment Company Products/Variable Contracts Representative Examination 
  • SIE – Securities Industry Essentials Examination 

Kurta Law Can Help 

If you have worked with Ceondre Colvin and have concerns about your investments, do not hesitate to contact us at 877-600-0098 or email for a free consultation. 

For nearly 20 years, Kurta Law has advocated for investors to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm that exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf. Do not let securities fraud go unchecked. Start your recovery process today.