Investor Complaint Filed Against Broker Jason Min Over Variable Annuity Disclosure

Jason Min, a financial advisor based in La Cañada Flintridge, California, has recently been named in an investor complaint filed in October 2025. The complaint alleges that Min, acting as a broker for NYLife Securities, misled the investor about surrender charges associated with variable annuity policies purchased earlier in 2025. The claim specifies damages resulting from this alleged misrepresentation but does not quantify them. Under FINRA regulations, brokers must recommend investments suitable for their clients, supported by due diligence, and avoid any deceptive practices or misrepresentations. Failure to comply with these rules can result in liability for investment losses due to unsuitable advice. Min has 26 years of experience in the securities industry and holds several securities licenses, including the Series 6, 63, 65, and SIE. He has been registered with NYLife Securities since 1999 and Eagle Strategies since 2005. The complaint sheds light on the compliance challenges faced by brokers in ensuring transparent disclosure of investment product details, particularly regarding fees like surrender charges, which can significantly affect investor outcomes. This case exemplifies the importance of adhering to regulatory standards such as FINRA Rules 2111, 2150, and 2010, which emphasize suitability, honesty, and fair dealing in broker-client interactions in the U.S. securities market.