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Craig Favara Resigns from Northwestern Mutual Investment Services

Craig Favara (CRD #: 6888820), a broker formerly registered with Northwestern Mutual Investment Services, resigned from the firm, according to his BrokerCheck record, accessed on October 29, 2022. Read on if you want to know more about his conduct as a broker.

Resignation from Northwestern Mutual Investment Services

On August 23, 2022, Craig Favara was permitted to resign from Northwestern Mutual Investment Services after allegedly under internal review for a potential violation of firm policy prohibiting private securities transactions, as well as for allegedly sending unapproved marketing emails to prospective clients.

FINRA Rule 2210

FINRA Rule 2210 requires firms to review communications with the public and file them with FINRA before publication. Communications must be fair, balanced, and provide investors with a sound basis for evaluating investments.

Investigation by the New Hampshire Insurance Department

On January 19, 2022, an investigation was filed by the New Hampshire Insurance Department related to whether Craig Favara sent unapproved marketing emails sent to prospective clients. This investigation is currently pending.

Background Information

Craig Favara has passed the following exams:

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

He previously worked for Northwestern Mutual Investment Services (CRD#:2881).

Kurta Law Can Help

If you worked with Craig Favara and you have concerns about your investments, please contact us today at 877-600-0098 or info@kurtalawfirm.com for a free consultation.

For over 20 years, Kurta Law has advocated on behalf of investors who want to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm and 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. 

 

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