Judith A. Johnston – NYLife Securities – Investigation According to the Financial Industry Regulatory Authority (FINRA) yesterday, the regulator has barred financial advisor Judith A. Johnston from the securities industry. In the Letter of Acceptance, Waiver & Consent dated March 18, 2019, FINRA states that during its staff’s investigation into multiple customer complaints regarding the sale of variable annuities when Johnston was registered with NYLIFE, Johnston failed to cooperate by not providing on-the-record testimony in violation of FINRA Rules 8210 and 2010. Consequently, she has been barred from associating with any FINRA member at any time. According to Johnston’s FINRA BrokerCheck report, she was a registered representative with NYLife Securities in Frisco, Texas from October 2009 until October 2016. Johnston has 8 customer complaints listed on her broker report involving sales of variable annuities. She is not currently registered as a…
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