Victim of Financial Fraud? Call Now

Daniel Pita Subject of FINRA Complaint

Nov 11, 2022 Regulatory Action

Daniel Pita (CRD #: 6759879), a broker formerly registered with NYLIFE Securities, is the subject of a pending FINRA complaint, according to his BrokerCheck record, accessed on October 22, 2022. Read on if you want to know more about his conduct as a broker.

FINRA Complaint

On August 18, 2022, Daniel Pita was named in a FINRA complaint alleging that he failed to provide information and documents requested as part of an investigation into an allegation that he failed to disclose all of his outside business activities while employed by NYLIFE Securities.

The complaint alleges that Daniel Pita violated FINRA Rules 8210 and 2010.

This complaint is currently pending. You can read a copy of the complaint here.

FINRA Rules 8210 and 2010

FINRA Rule 8210 requires members to supply information, records, and testimony requested by FINRA.

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade.

Other business activities

Daniel Pita’s detailed BrokerCheck report lists three outside business activities:

  • Daniel Pita Stable LLC, a horse stable where he receives commissions from his work.
  • Board member of the United States Neapolitan Mastiff Club, a dog breed parent club.
  • Owner of ADJ, LLC, a beverage wholesale distribution company.

Background Information

Daniel Pita has passed the following exams:

  • SIE – Securities Industry Essentials Examination
  • Series 7 – General Securities Representative Examination

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

Kurta Law Can Help

If you worked with Daniel Pita and you have concerns about your investments, please contact us today at 877-600-0098 or 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.