MACKAY SHIELDS LLC of NEW YORK, NY is an SEC-registered investment adviser (CRD 107717). Regulatory assets under management: $159.5B. This firm reports disciplinary history on Form ADV.
Compensation: % of AUM, Performance.
Clients served: High net worth, Pooled vehicles, Corporations, Investment cos.
Showing 25 of 97 people.
| Name | Role | Location |
|---|---|---|
| Michael DePalma | SENIOR MANAGING DIRECTOR | Lafayette, IN |
| John Michael Loffredo | VICE CHAIRMAN, EXECUTIVE MANAGING DIRECTOR, ELECTED TO THE BOARD OF MANAGERS | Princeton, NJ |
| Robert Alan DiMella | EXECUTIVE MANAGING DIRECTOR | Princeton, NJ |
| Rene Arturo Bustamante | CHIEF ADMINISTRATIVE OFFICER, EXECUTIVE MANAGING DIRECTOR | New York, NY |
| Andrew Mark Susser | EXECUTIVE MANAGING DIRECTOR | New York, NY |
| Lee W Young | ACTING GENERAL COUNSEL, MANAGING DIRECTOR; GENERAL COUNSEL, SENIOR MANAGING DIRECTOR | Oklahoma City, OK |
| Craig Andrew Sabal | ELECTED TO THE BOARD OF MANAGERS | New York, NY |
| Naim Nmn Abou-Jaoude | CHAIRMAN OF THE BOARD OF MANAGERS | — |
| Alain Maurice Karaoglan | ELECTED TO THE BOARD OF MANAGERS | — |
| Alison Hiers Micucci | CHIEF EXECUTIVE OFFICER, ELECTED TO THE BOARD OF MANAGERS | — |
| Anthony Ramsey Malloy | ELECTED TO THE BOARD OF MANAGERS | — |
| Francis Michael Harte | ELECTED TO THE BOARD OF MANAGERS | — |
| Kirk Christopher Lehneis | ELECTED TO BOARD OF MANAGERS | — |
| Young Nmn Lee | GENERAL COUNSEL, SENIOR MANAGING DIRECTOR | — |
| Michael Daniel Corker | CHIEF FINANCIAL OFFICER, SENIOR MANAGING DIRECTOR | — |
| Christopher Paul Fitzgerald | CHIEF COMPLIANCE OFFICER, MANAGING DIRECTOR | — |
| Dale Myunkiew Sang | CHIEF TECHNOLOGY AND OPERATIONS OFFICER, SENIOR MANAGING DIRECTOR | — |
| Michael Nmn Depalma | SENIOR MANAGING DIRECTOR | — |
| Cornelius Joseph Moriarty | SENIOR MANAGING DIRECTOR | — |
| Kirk C Lehneis | ELECTED TO BOARD OF MANAGERS | — |
| HARTE FRANCIS MICHAEL | ELECTED TO THE BOARD OF MANAGERS; KIRK LEHNEIS, ELECTED TO THE BOARD OF MANAGERS | — |
| FISHER FREDERICK PAUL | ELECTED TO THE BOARD OF MANAGERS | — |
| NISI ROBERT ANTHONY | MANAGING DIRECTOR; SENIOR MANAGING DIRECTOR | — |
| KIM JOHN YONG | MEMBER OF THE BOARD OF MANAGERS | — |
| FLEURANT JOHN THOMAS | ELECTED TO THE BOARD OF MANAGERS; MEMBER OF THE BOARD OF MANAGERS | — |
Showing 10 of 11 distinct disclosure events.
| Initiated | Type | Allegations | Status | Amount |
|---|---|---|---|---|
| 2025-08-07 | regulatory | NYLIC PAID A $2,000 FINE FOR FAILING TO PAY CLAIMS AND INTEREST ON CLAIMS IN A TIMELY MANNER, IN VIOLATION OF CONNECTICUT STATUTORY REQUIREMENTS. NYLIAC PAID A $12,000 FINE FOR PERMITTING EIGHT (8) PRODUCERS TO ACT AS AGENTS IN CONNECTICUT WITHOUT THE REQUIRED APPOINTMENT. BOTH MATTERS WERE RESOLVED… | Final | $14K |
| 2023-12-16 | regulatory | NEW YORK LIFE INSURANCE COMPANY FAILED TO USE POLICY FORMS THAT WERE REVIEWED AND APPROVED BY THE STATE. IN ADDITION, CERTAIN FORMS DID NOT COMPLY WITH STATE REGULATIONS. | Final | $100K |
| 2021-10-04 | regulatory | ON OCTOBER 4, 2021 NEW YORK LIFE INSURANCE COMPANY ("NYLIC") RECEIVED AN ORDER OF CIVIL PENALTY AND ADOPTION OF A CORRECTIVE ACTION PLAN FROM THE KENTUCKY DEPARTMENT OF INSURANCE ALLEGING THAT NYLIC INCORRECTLY IMPLEMENTED PREMIUM RATE INCREASES ON 112 INDIVIDUAL LONG TERM CARE CONTRACTS IN VIOLATIO… | Final | $112K |
| 2021-03-23 | regulatory | THE OFFICE OF THE MONTANA STATE AUDITOR, COMMISSION OF SECURITIES AND INSURANCE ("CSI") FOUND THAT SINCE 2015 NEW YORK LIFE INSURANCE COMPANY AND NEW YORK LIFE INSURANCE AND ANNUITY CORPORATION (COLLECTIVELY, "NYL") USED GROUP LIFE INSURANCE AND GROUP ANNUITY FORMS THAT HAD NOT BEEN APPROVED BY THE… | Final | $10K |
| 2019-05-20 | regulatory | IN JUNE 2018,MACKAY SHILEDS NOTIFIED THE SFSA OF ONE SHORT POSITION IN THE SHARES OF A SWEDISH ISSUER. THAT NOTIFICATION WAS MADE UNINTENTIONALLY LATER THAN THE NOTIFICATION DEADLINE SPECIFIED IN REGULATION (EU) NO. 236/2012. | Final | $300 |
| 2018-01-24 | regulatory | DURING THE COURSE OF A ROUTINE MARKET CONDUCT EXAM, THE STATE OF CONNECTICUT INSURANCE DEPARTMENT (THE STATE) FOUND NEW YORK LIFE INSURANCE COMPANY DID NOT TIMELY PAY LONG TERM CARE CLAIMS IN FOUR INSTANCES. | Final | $1K |
| 2016-10-31 | regulatory | AS A RESULT OF A ROUTINE MARKET CONDUCT EXAMINATION OF THE AFFAIRS OF NEW YORK LIFE INSURANCE COMPANY FOR THE PERIOD FROM JANUARY 1, 2005 THROUGH DECEMBER 31, 2009, THE NEW YORK STATE DEPARTMENT OF FINANCIAL SERVICES FOUND THAT NEW YORK LIFE VIOLATED SECTION 53-3.5(A), 53-3.2(A)(2) AND 53-3.6(B) OF… | Final | $732K |
| 2015-12-07 | regulatory | THE ILLINOIS DEPARTMENT OF INSURANCE CONDUCTED A MARKET EXAM, THE REPORT OF WHICH IDENTIFIED CERTAIN AREAS WHERE NYLIC WAS NOT IN COMPLIANCE WITH ILLINOIS INSURANCE REGULATIONS. NYLIC AND THE IL DEPT OF INSURANCE ENTERED INTO A STIPULATION AND CONSENT ORDER UNDER WHICH NYLIC WILL PAY A CIVIL PENALTY… | Final | $26K |
| 2014-10-24 | regulatory | A CIVIL PENALTY TO NEW YORK LIFE INSURANCE COMPANY BECAUSE A THIRD PARTY ADMINISTRATOR WORKING ON ITS BEHALF FAILED TO COMPLY. | Final | $6K |
| 2014-05-30 | regulatory | NYLIC ADMITTED TO THE FACTS AND ACCEPTED THE MARYLAND ADMINISTRATION'S CONCLUSIONS AS STATED IN THE EXAMINATION REPORT (MCLH-17-2011-E), IN RELATION TO NOT OFFERING THE BENEFICIARY IN WRITING AN EXPLANATION OF THE FEATURES OF THE RETAINED ASSET ACCOUNTS. NYLIC DENIED LIABILITY TO ANY THIRD PARTY AS… | Final | $1K |