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Jeffrey Graff Allegedly Misrepresented Variable Annuity

Jeffrey Graff (CRD #: 5400355), a broker registered with NYLIFE Securities, allegedly misrepresented an investment, according to his BrokerCheck record, accessed on June 11, 2022. Keep reading if you want to know more about Jeffrey Graff’s conduct as a broker.

Alleged Misrepresentation

In a dispute filed on April 25, 2022, an investor alleged that Jeffrey Graff misled him concerning a variable annuity purchased in January 2018. The investor seeks to terminate the annuity without incurring a surrender fee in this pending dispute.

FINRA Rule 2020

FINRA Rule 2020 bans the use of manipulation, deception, and other unethical tactics to influence the purchase and sale of securities. This includes omitting or misrepresenting information about investments, such as their risks, surrender fees, and potential returns.

Background Information

Jeffrey Graff has passed the following exams:

  • Series 65 – Uniform Investment Adviser Law Examination
  • 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

Jeffrey Graff is a registered broker in 15 states and a registered investment adviser in Illinois.

He previously worked for Uvest Financial Services Group (CRD#:13787).

Kurta Law Can Help

If you worked with Jeffrey Graff 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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