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Louis No Resigns from NYLIFE Securities Following Alleged Misconduct

Louis No (CRD #: 6541585), a broker formerly registered with NYLIFE Securities, resigned from his firm, according to his BrokerCheck record, accessed on September 18, 2022. Read on to learn more about his conduct as a broker.

Resignation from NYLIFE Securities

On June 29, 2022, Louis No was permitted to resign from NYLIFE Securities after allegedly admitting that he violated firm policy by submitting applications for clients without their knowledge.

FINRA Rule 2010

This type of misconduct may violate FINRA Rule 2010, which holds brokers to high standards of commercial honor and just and equitable principles of trade.

Civil Lien

On September 9, 2019, Louis No was subject to a $5,168 civil lien.

Background Information

Louis No has passed the following exams:

  • SIE – Securities Industry Essentials Examination
  • Series 6 – Investment Company Products/Variable Contracts Representative Examination

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

Kurta Law Can Help

If you worked with Louis No 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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