Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Venubabu Talasila (Talasila), currently associated with Nylife Securities LLC, has at least one disclosable event. These events include one tax lien, alleging that Talasila recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a final customer complaint on October 30, 2024.
Respondent admits that he provided materially incorrect and untrue information in that: (a) on Respondent’s original and relicensing application’s to act as an agent pursuant to Section 2103(a) of the Insurance Law, submitted to the Department on or about March 10, 2015 and October 19, 2022, Respondent failed to disclose an administrative action taken against him by the Ohio State Board of Pharmacy, effective December 9, 2003; and (b) on Respondent’s relicensing application to act as an agent pursuant to Section 2103(a) of the Insurance Law, submitted to the Department on or about October 19, 2022, Respondent failed to disclose that on December 1, 2020, in the Marysville Municipal Court, Union County, Ohio, Respondent was convicted of a First Degree Misdemeanor.
