Seth Bassin Allegedly Omitted Information to Client
Seth Bassin (CRD #: 6143779), a broker registered with NYLIFE Securities, allegedly failed to inform a client, according to his BrokerCheck record, accessed on August 7, 2022. Investors may also have engaged his services through Eagle Strategies. Read on if you want to know more about Seth Bassin’s conduct as a broker.
On May 23, 2022, an investor alleged that Seth Bassin failed to inform her that the transfer of the proceeds from her variable annuity at another firm to a managed account with Eagle Strategies would result in certain tax consequences. The client alleges this occurred in July 2021. This dispute is pending.
FINRA Rule 2020
The omission of information related to investments violates FINRA Rule 2020, which forbids the use of manipulation, deception, and other unethical tactics to influence the purchase and sale of securities.
Seth Bassin has a bankruptcy on his record as of November 10, 2017.
Seth Bassin 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 7 – General Securities Representative Examination
Seth Bassin is a registered broker in seven states and a registered investment adviser in New Jersey.
Kurta Law Can Help
If you worked with Seth Bassin and you have concerns about your investments, please contact us today at 877-600-0098 or email@example.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.