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Rachel Chou Permitted to Resign from NYLIFE Securities

Rachel Chou (CRD #: 5055890), a broker formerly registered with NYLIFE Securities, resigned from that firm, according to her BrokerCheck record, accessed on July 20, 2025. Read on if you have questions about her alleged conduct as a broker.

Resignation from NYLIFE Securities

On April 18, 2025, Rachel Chou was permitted to resign from NYLIFE Securities following allegations that she deposited a customer’s traditional life insurance loan checks to her personal bank account. The customer was allegedly not a securities customer.

FINRA Rule 2010

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

Background Information

Rachel Chou has passed the following exams:

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

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

Kurta Law Can Help

If you worked with Rachel Chou 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 that 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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