Ryan Cooper Named in Variable Annuity Dispute

Ryan Cooper (CRD #: 7814583), a broker formerly registered with NYLIFE Securities, was involved in an investor dispute, according to his BrokerCheck record, accessed on July 20, 2025. Read on for more information about his alleged conduct as a broker.

Investor Dispute

On April 21, 2025, multiple investors alleged that Ryan Cooper recommended variable annuities in July and August 2024 that were “not compatible” with clients’ requests and that the reasons for these recommendations were unclear to them. This dispute was denied by the firm.

However, investors should be aware that firms can deny disputes without an external review. Investors can still recover damages following a denial by pursuing FINRA arbitration.

FINRA Rule 2111

FINRA Rule 2111 requires brokers to evaluate whether an investment fits their investor’s financial goals. Brokers must consider the information in the investor’s profile, such as their age, tax status, risk tolerance, and overall financial situation when recommending investments.

Investors who rely on brokers for recommendations may be able to recover their losses through FINRA arbitration.

FINRA Rule 2010

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

Background Information

Ryan Cooper has passed the following exams:

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

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

Kurta Law Can Help

If you worked with Ryan Cooper 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.