Keith Cuomo Allegedly Misrepresented Fixed Index Annuity

Keith Cuomo (CRD #: 2587130), a broker registered with MML Investors Services, was the subject of a recent investor dispute, according to his BrokerCheck record, accessed on August 8, 2022. Keep reading to learn more about his conduct as a broker.

Investor Dispute

On May 17, 2022, an investor alleged that Keith Cuomo misrepresented “key factors” related to a fixed index annuity the client bought on January 24, 2022. This dispute was denied by the firm.

However, investors should be aware that firms don’t need to allow an outside review before denying a dispute. Investors can still pursue FINRA arbitration after a denial and may be able to recoup their losses.

FINRA Rule 2020

FINRA Rule 2020 bans the use of fraudulent tactics, like deception or manipulation, as they relate to the purchase and sale of securities. This also includes the misrepresentation of material facts, such as an investment’s potential risks, returns, or limitations.

Background Information

Keith Cuomo has passed the following exams:

• Series 65 – Uniform Investment Adviser Law Examination
• Series 63 – Uniform Securities Agent State Law Examination
• SIE – Securities Industry Essentials Examination
• Series 62 – Corporate Securities Limited Representative Examination
• Series 6 – Investment Company Products/Variable Contracts Representative Examination
• Series 7 – General Securities Representative Examination

Keith Cuomo is a registered broker in 11 states and the District of Columbia. He is also a registered investment adviser in New York.

He has also worked for the following firms:

• Park Avenue Securities (CRD#: 46173)
• Schonfeld Securities (CRD# :23304)
• A. R. Baron & Company (CRD#: 29285)

Kurta Law Can Help

If you worked with Keith Cuomo 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.