Tag: annuity
Annuities Trade Group Sues DOL Over Fiduciary Rule
The Federation of Americans for Consumer Choice Inc., a relatively new trade group that represents insurance agents and annuities sellers, has filed a lawsuit...
NexPoint Securities Hires Industry Vet to Lead Annuity Product Distribution
NexPoint Securities Inc., a registered broker- dealer that serves as the distributor for investment products on the NexPoint platform, has hired Brian Graime as...
SEC Bars Former LPL Broker for Defrauding Federal Employees
The Securities and Exchange Commission has barred former LPL Financial broker, Christopher Laws, for recommending his federally employed clients roll over holdings from their...
SEC Charges Recidivist Investment Adviser with Defrauding Retirees
The Securities and Exchange Commission has charged Sacramento, California-based investment adviser firm Springer Investment Management Inc., doing business as Springer Financial Advisors (SFA), and...
SEC Bars Longtime MetLife Broker for Stealing from Clients’ Insurance Policies
The Securities and Exchange Commission has barred longtime Metlife Securities broker Kwen Y. Chun after he was found guilty of taking out loans against...
FINRA Fines AXA for Misrepresenting Junk Bond Funds as Investment-Grade
The Financial Industry Regulatory Authority has fined AXA Advisors $600,000 for allegedly misrepresenting the credit quality of certain bond funds offered within group annuity...
Ladenburg’s Highland Capital Recruits Advisory Group with $150 Million In Client...
Highland Capital Brokerage, an independent life insurance brokerage company and subsidiary of Ladenburg Thalmann Financial Services Inc. (NYSE: LTS), has added Oak & Stone...
Massachusetts Regulators Charge Royal Alliance and Rep Over Unsuitable Annuity Exchange
The Massachusetts Securities Division has charged broker-dealer Royal Alliance Associates Inc. with failing to supervise one of its brokers who allegedly made unsuitable investment...
Bluerock Residential Growth REIT Hires New Managing Director and Product Specialist
Bluerock Residential Growth REIT Inc. (NYSE: BRG), a publicly traded real estate investment trust that offers a preferred stock and warrants offering, has hired...
Ladenburg’s Highland Capital Acquires Certain Assets of Four Seasons Financial Group
Ladenburg Thalmann Financial Services Inc. (NYSE: LTS), a publicly-traded diversified financial services company based in Miami, Florida, announced that its subsidiary Highland Capital Brokerage...
CR Capital Names Former Stira Capital Markets VP to Head National...
CR Capital Group, a developer of distribution platforms, has named Sean McEntegart as senior vice president of national accounts. In his new role, he...
Phoenix American Hospitality Hires Regional Vice President of Sales for the...
Phoenix American Hospitality, a Dallas-based hotel fund manager, has hired Art Miller as its regional vice president of sales for the East Coast.
With more...
