FINRA Bars Cesar Casado Following Investigation

Cesar Casado (CRD #: 6215747) has been permitted to resign from NYLIFE Securities. This disclosure appears on his BrokerCheck record, accessed on March 30, 2025. Keep reading if you have questions regarding his alleged conduct. 

Bar by FINRA

On February 13, 2025, FINRA permanently barred Cesar Casado, alleging that he refused to provide documents and information requested in connection with an investigation.

In a Letter of Acceptance, Waiver & Consent (AWC), FINRA alleged that these requests were made in relation to an amended Uniform Termination Notice of Securities Industry Registration (Form U5) filed by NYLIFE Securities.

The amended form allegedly disclosed that Cesar Casado was allowed to resign after a firm review found a pattern of inaccurate information in life insurance applications submitted by him and his agents.

The AWC concluded that the alleged refusal to provide information constituted a violation of FINRA Rules 8210 and 2010. You can read the full AWC here.

FINRA Rule 8210

FINRA Rule 8210 requires members to provide documents, information, and testimony upon request by FINRA.

FINRA Rule 2010

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Providing inaccurate information on insurance applications may violate this rule. 

Termination from NYLIFE Securities

On July 15, 2024, NYLIFE Securities permitted Cesar Casado to resign following allegations that he submitted insurance applications with inaccurate information.

These applications allegedly allowed certain agents to meet production requirements, qualifying Cesar Casado to receive additional compensation. 

Background Information 

Cesar Casado has passed the following exams: 

• Series 63 Uniform Securities Agent State Law Examination 
• Series 7TO General Securities Representative Examination 
• SIE – Securities Industry Essentials Examination 
• Series 6 Investment Company Products/ Variable Contracts Representative Examination

Cesar Casado previously worked for NYLIFE Securities (CRD#:5167).

Kurta Law Can Help 

If you have worked with Cesar Casado and have concerns about your investments, do not hesitate to contact us at 877-600-0098 or email info@kurtalawfirm.com 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.