Isaiah Frection Fired from NYLIFE Securities
Isaiah Frection (CRD #: 7490696), a broker formerly registered with NYLIFE Securities, allegedly violated firm policy, according to his BrokerCheck record, accessed on February 15, 2023. Keep reading to learn more about his alleged conduct as a broker.
Termination from NYLIFE Securities
On December 21, 2022, Isaiah Frection was fired from NYLIFE Securities after allegedly admitting to violating firm policy by submitting life insurance applications for clients he had no apparent familial relationship with and using his personal bank account information to pay the initial premiums.
Isaiah Frection allegedly also admitted to commingling funds in his bank account when clients reimbursed him for these payments, in violation of company policy.
FINRA Rule 2010
FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Commingling funds and violating company policies may violate this rule. If you have concerns that Isaiah Frection’s misconduct resulted in losses in your account, contact a securities attorney for a free case evaluation.
Isaiah Frection has passed the following exams:
- Series 6TO – Investment Company Products/Variable Contracts Representative Examination
- SIE – Securities Industry Essentials Examination
He previously worked for NYLIFE Securities (CRD#:5167).
Kurta Law Can Help
If you worked with Isaiah Frection and you have concerns about your investments, please contact us today at 877-600-0098 or firstname.lastname@example.org 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.