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Neil Nissen Fired by MML Investors

Nov 14, 2022 Fired Brokers

Neil Nissen (CRD #: 3088956) has been fired by MML Investors, according to his BrokerCheck record, accessed on October 31, 2022. Keep reading to learn more about his alleged conduct as a broker.

Termination 

On October 31, 2022, MML fired Niel Nissen following client allegations that he misrepresented two whole life insurance policies and forged their names on documents. 

Investor Dispute

On September 16, 2022, several investors filed a dispute alleging that Neil Nissen misrepresented two whole life insurance policies and forged their names on related documents in July 2022. They sought $800,000 and the dispute settled for $741,848.91. 

FINRA Rule 2020

FINRA Rule 2020 bans the use of deceptive, manipulative, or otherwise fraudulent methods to influence investors’ decisions. Misrepresenting an investment’s features, limitations, or requirements violates this rule.

FINRA Rule 2010

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

Bankruptcy

On January 8, 2020, Neil Nissen’s bankruptcy was dismissed.

Background Information

Neil Nissen has passed the following exams:

  • Series 63 – Uniform Securities Agent State Law Examination
  • SIE – Securities Industry Essentials Examination
  • Series 6 – Investment Company Products/Variable Contracts Representative Examination

Neil Nissen is a registered broker and a registered investment adviser in New York.

He has also worked for the following firms:

  • NYLIFE Securities (CRD#:5167)
  • MetLife Securities (CRD#:14251)
  • Metropolitan Life Insurance Company (CRD#:4095)

Kurta Law Can Help

If you worked with Neil Nissen 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.