NYLife Broker Sanctioned For Unauthorized Transactions
Nathan Michael Badowski of Timonium Maryland a stockbroker formerly registered with NYLife Securities LLC is the subject of an Order issued by the Commonwealth of Virginia State Corporation Commission which revoked Badowski’s agent registration in the Commonwealth based upon accusations that Badowski engaged in business as an insurance company’s agent even though Badowski lacked any licensure in the Commonwealth. Case No. INS-2017-00182 (Sept. 18, 2017).
Financial Industry Regulatory Authority (FINRA) Public Disclosure confirms that Badowski was terminated from NYLife Securities LLC on April 21, 2017, during the time that he was investigated by the firm for submitting an insurance policy without the customer’s authorization; conduct violative of NYLIfe Securities LLC policy.
Badowski has been employed by Pruco Securities LLC since May 30, 2017.